Question

For each of the policy objectives listed, identify each as a product of either financial incentives governments provide or the system of intellectual property that governments uphold. Some objectives may not be supported by governments at all.

For each of the policy objectives listed, identify each as a product of either financial incentives governments provide or the system of intellectual property that governments uphold. Some objectives may not be supported by governments at al Financial Incentives Intellectual Property Fund basic research Make research and development less risky for private firms Ensure that inventors are rewarded for making useful inventions Transter a significant share of new inventions under government control Ensure that inventors are the only beneficiaries of their inventions' benefits Prevent inventors from creating redundant inventions

Answer 1

Financial Incentives: A financial incentives can be defined as the monetary benefit that the company offers ti its employees or to its customers. Intellectual property can be defined as the set intangibles owned that are protected by an outside company without the consent. Below is the required table: