One reason some economists doubt that patent protection encourages innovation is that economic studies show that inventors receive only _______ of the total economic value of their inventions in countries that _______.

Question

Quizplus · Accepted Answer

Economic studies indicate that inventors typically capture only a fraction (one-third to one-half) of the total economic value of their inventions in countries with established patent systems, suggesting that patents may not fully incentivize innovation as intended.

One Reason Some Economists Doubt That Patent Protection Encourages Innovation