Patent Wars Quiz

April 2024
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Question 1

A business patent is most similar to

an insurance policy.
a copyright.
a license to innovate.
a new invention.

Question 2

In general, how are patents related to economic activity?

They are evidence of inventions, and thus of innovation.
They prevent and stifle innovative products from being brought to market.
They guarantee corporate jobs for patent lawyers.
They enable larger companies to purchase start-ups.

Question 3

According to the Wall Street Journal blogger, Google has

refused to allow its Android smartphone software to be licensed.
acquired Motorola Mobility in order to control its patents.
improved on Apple’s approach to the meshing of hardware and software.
decided to concentrate on improving its search engine.

Question 4

According to the Thomson Reuters report on innovation,

China will soon top the list.
Germany leads Europe in terms of innovation.
Swedish companies have more successful patents than Asian firms.
The United States has two-fifths of the top 100 innovative companies.

Question 5

Which of the following best describes the relationship of patents to innovation?

The patent system is the cornerstone of innovation.
The more patents that are filed, the greater the degree of innovation.
Patents protect the interests and ideas of inventors so that they will be motivated to innovate.
Patents enable companies to make money in the courts as well as through new inventions.

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