How did patents affect innovation?
(1 point)
Responses
They provided licenses for inventions.
They provided licenses for inventions.
They provided payments to inventors.
They provided payments to inventors.
They taxed inventions.
They taxed inventions.
They provided plans for inventions.
They provided exclusive rights to inventors, allowing them to protect their inventions from being copied or stolen and giving them an incentive to continue inventing and exploring new ideas.
not it
Apologies for the confusion. Patents do not provide licenses for inventions, payments to inventors, or plans for inventions.
The correct answer is:
They provided exclusive rights to inventors, allowing them to protect their inventions from being copied or stolen and giving them an incentive to continue inventing and exploring new ideas.
chosse a nother
Apologies for the repeated response. Here is another option:
Patents stimulated innovation by providing inventors with a legally recognized monopoly over the production and sale of their invention for a certain period of time. This exclusivity allowed inventors to profit from their inventions, which in turn incentivized further innovation and the development of new technologies.