Question: Select the accurate statement about intellectual property laws. Multiple choice question. Intellectual property laws strongly discourage firms from undertaking expensive and time - consuming basic

Select the accurate statement about intellectual property laws.
Multiple choice question.
Intellectual property laws strongly discourage firms from undertaking expensive and time-consuming basic research.
Intellectual property laws do not include patents and copyrights.
Intellectual property regulations are uniform across the globe.
Intellectual property laws reward creativity and provide an incentive for people to search for novel ways of doing things.

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