What is one reason patents are required?
A) Information concerning innovation is private and secure.
B) Human nature is corrupt.
C) Information concerning innovation is generally not private and secure.
D) The patent only makes things better in the short run.

Question

Quizplus · Accepted Answer

Patents are required because information related to innovation is generally not private and secure. Without patents, inventors and innovators may not have the motivation to invest time and resources into developing new ideas or products, as they would not have legal protection for their intellectual property. Patent protection encourages innovation and leads to the development of new technologies and products, which can ultimately benefit society as a whole.

What Is One Reason Patents Are Required