The rewards to private R&D are positively related to:
A)the costs of R&D.
B)growth rate of capital per worker.
C)the security of intellectual property rights.
D)all of the above.

Question

Quizplus · Accepted Answer

The security of intellectual property rights is a significant factor that influences the rewards to private R&D. This is because stronger intellectual property rights ensure that firms can obtain returns from their innovations and inventions, thus incentivizing them to invest in R&D. The costs of R&D and growth rate of capital per worker may have indirect effects on the rewards to private R&D, but they are not as significant as the security of intellectual property rights. Therefore, the best choice is C.

The Rewards to Private R&D Are Positively Related To