Key points
If inventors received a greater share of the broader social benefits for their work, they would have a greater incentive to seek out new inventions.
Positive externalities are beneficial spillovers to a third party or parties.
Private benefits are the dollar value of all benefits of a new product or process invented by a company that can be captured...
Russian
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Arabic
Romaian
Portuguese (Brazil)
Greek
