How can the government efficiently encourage an optimal level of research and

development?

O All of these answers

Provide grants to academic and private researchers

O Fund research directly

O Enforce an effective patent system

Question

Business

Pedro Farmer

25 August, 16:01

How can the government efficiently encourage an optimal level of research and

development?

O All of these answers

Provide grants to academic and private researchers

O Fund research directly

O Enforce an effective patent system

+5

Answers (1)

Know the Answer?

Sylvia · Answer 1

Enforce an effective patent system

Explanation:

Patent is defined as the government authority that bestows the full right and title of ownership to an investor in order to keep others away from making and selling such invention for a defined period of time.

The enforcement of effective patent system serves as incentives for optimal level of research and development as researchers feel recognized for their efforts and will be willing to do more as they know that inventions are now protected from duplication by others. Moreover, returns in investment are now guaranteed.

How can the government efficiently encourage an optimal level of research anddevelopment?O All of these answersProvide grants to academic and private researchersO Fund research directlyO Enforce an effective patent system

How can the government efficiently encourage an optimal level of research and

development?

O All of these answers

Provide grants to academic and private researchers

O Fund research directly

O Enforce an effective patent system