Why does government offer copyrights and patents?

Answer 1

The government protects inventors and authors to promote innovation. It encourages creative people to invest time and effort in their ideas with the knowledge that they will not be cheated out of their rewards if it is successful.

Answer 2

The government protects inventors and authors to promote innovation. It encourages creative people to invest time and effort in their ideas with the knowledge that they will not be cheated out of their rewards if it is successful.

Answer 3

The government protects inventors and authors to promote innovation. It encourages creative people to invest time and effort in their ideas with the knowledge that they will not be cheated out of their rewards if it is successful.

Answer 4

Patent and copyright protection is offered by the federal government. In the case of copyright, employers may wish to develop policies regarding works made for hire, which normally would be the intellectual property of the employer. In the case of patent, there may be technology transfer protocols to protect individuals' rights. For example, if you hire me to develop a new coffee machine, and in the process I invent an improved water filter, whose invention is it? Internal policies should clarify that.

Answer 5

As an incentive to create more inventions and creative works, by giving them the chance to make money from their intellectual property. For patented drugs, for example, it's the only way the developers can hope to recoup their multi-million dollar investment; without patent protection, no one could afford to do the research.

Answer 6

To promote innovation.