Imagine that Congress is considering a bill to reduce the current seventeen-year life of patents to eight
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Imagine that Congress is considering a bill to reduce the current seventeen-year life of patents to eight years. What negative effects might this change have on the rate of innovation? What positive effect might it have for the economy?
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Reducing the life of patents from seventeen years to eight years would certainly have both positive and negative effects on innovation and the economy Heres a breakdown of the potential consequences N...View the full answer
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Related Book For 
Economics Of The Public Sector
ISBN: 9780393925227
4th Edition
Authors: Joseph E. Stiglitz, Jay K. Rosengard
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