What is one positive effect of intellectual property laws on individuals and organizations aspiring to become creators or inventors?(1 point)

Responses

Securing intellectual property may be a costly and prolonged process.

Underground piracy may abound and can be harder to trace.

More individuals and organizations will come up with more innovations.

Globalization makes it harder to protect intellectual property rights on a global scale.

One positive effect of intellectual property laws is that they provide a level of protection and incentive for individuals and organizations to invest time and resources into creating new ideas, inventions, and works. Knowing that their intellectual property will be legally protected can encourage creators and inventors to take risks and innovate without fear of their ideas being stolen or copied. This can lead to a greater variety of new ideas and products being brought to market, benefiting both the creators and society as a whole.