Question: Explain the main differences between a patent system and a prize reward system (also called innovation tournaments or innovation contests) and explain the advantages and

Explain the main differences between a patent system and a prize reward system (also called innovation tournaments or innovation contests) and explain the advantages and disadvantages of each. Illustrate your explanation with an example if you believe it will make your arguments clearer. Edit View Insert Format Tools Table 12pt Paragraph B I U A & T2

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