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The production and creation of intellectual property rights are regarded as appropriate means to…

Utilitarian theorists justify intellectual property by the social benefits of encouraging innovation. Limited exclusivity supplies an incentive, while limits on its duration…

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The production and creation of intellectual property rights are regarded as appropriate means to cultivate innovation, subject to the caveat that such rights are restricted in duration so as to balance the social welfare loss of monopoly exploitation. Such views are from:

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Utilitarian theorists justify intellectual property by the social benefits of encouraging innovation. Limited exclusivity supplies an incentive, while limits on its duration restrain the social costs of monopoly.

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