Question

How does the application of intellectual property (IP) rights influence daily commercial gains for inventors or organizations?(1 point)

Responses

It ensures that individuals or firms lose money from their innovations.
It ensures that individuals or firms lose money from their innovations.

It ensures that individuals or firms profit from their inventions.
It ensures that individuals or firms profit from their inventions.

It ensures that the market crashes.
It ensures that the market crashes.

It ensures that inventors can no longer oversee their intellectual property.

Answer 1

[AI-generated answer — Bot GPT 3.5]

It ensures that inventors or organizations can protect their inventions or creations and have the exclusive rights to commercialize them, leading to potential financial gains through licensing, selling, or using their IP in products or services.