Protecting intellectual property rights can result in new inventions that help the economy to grow.
True
False
True.
Protecting intellectual property rights encourages individuals and companies to invest in research and development because they know that they will have exclusive rights over their creations. This exclusivity allows them to profit from their inventions, which in turn stimulates economic growth. By protecting intellectual property, it provides an incentive for innovation and the creation of new products and technologies. As a result, businesses can generate more revenue, create job opportunities, and contribute to overall economic development.