Economics · Intellectual Property Rights
Intellectual Property Rights (IPR) are crucial in scientific innovation primarily because they:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Prohibit international trade of technology
- 2Eliminate monetary incentives for inventors
- 3Protect creators' rights and encourage research and development investment✓
- 4Discourage original research and technological creation
Correct answer
Protect creators' rights and encourage research and development investment
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