Why does government support patent process and why does, Ask an Expert

Economics

Q. Government awards patents for innovation in which patented product can earn monopoly profits for a limited period of time. 1) Elucidate why government supports patent process 2) elucidate why government generally does NOT encourage monopoly behaviour

Q. Why does government support patent process and why does government not encourages monopoly behaviour?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9292631

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