What would happen in the renewable energy markets if patents were banned?
A)Research into new energy technologies would fall, and new companies would enter renewable energy sectors which they can emulate.
B)Renewable energy markets would shrink, and energy prices would rise.
C)Renewable energy prices would fall, and research into new energy technologies would increase.
D)Current renewable energy companies would suffer, but new companies would benefit.

Question

Quizplus · Accepted Answer

Without patents, companies may be less incentivized to invest in research due to lack of protection for their innovations, leading to reduced research. However, new companies could enter the market more easily by emulating existing technologies.

What Would Happen in the Renewable Energy Markets If Patents