Economics · Economy
What is the specific functionality of Intellectual Property Rights (IPR) in promoting technology transfer?
- 1Facilitating the spread and adoption of new technologies and knowledge across different regions and sectors✓
- 2Stimulating investment in research and development to generate licensing revenues
- 3Offering temporary monopoly rights to inventors in exchange for required public disclosures
- 4Ensuring that indigenous innovations and cultural expressions are preserved and protected against exploitation
Correct answer
Facilitating the spread and adoption of new technologies and knowledge across different regions and sectors
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Economy?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Economy