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# Journalist: Even though it may be true that the system of patenting

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Joined: 28 May 2014
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GMAT 1: 730 Q49 V41
Journalist: Even though it may be true that the system of patenting  [#permalink]

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25 Dec 2017, 11:54
2
00:00

Difficulty:

15% (low)

Question Stats:

74% (01:05) correct 26% (00:48) wrong based on 90 sessions

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Journalist: Even though it may be true that the system of patenting encourages patent holders to share information that they otherwise would not have made open because of the fear of competitors benefitting from the research done solely by the patent holder, patenting does severely retard the growth of innovations in a field as ____________
Which of the following, if true, best completes the above passage?

A: Only the patent holder is able to reap the monetary benefits for the amount of time the patent is valid.

B: Not only do patent holders have the exclusive right to the patented technology but also to any kind of developmental research on it.

C: The information disclosed by the patent holder could educate the public by making them aware of previously unknown facts about a phenomenon.

D: The usual period for which a company can hold a patent is twenty years during which patent holder can license the patented innovation to others.

E: Even though not all innovations that are filed for patents are granted the status, some of them are extremely informative and useful for developmental work.

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Re: Journalist: Even though it may be true that the system of patenting  [#permalink]

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25 Dec 2017, 15:16
saswata4s wrote:
Journalist: Even though it may be true that the system of patenting encourages patent holders to share information that they otherwise would not have made open because of the fear of competitors benefitting from the research done solely by the patent holder, patenting does severely retard the growth of innovations in a field as ____________
Which of the following, if true, best completes the above passage?

A: Only the patent holder is able to reap the monetary benefits for the amount of time the patent is valid.

B: Not only do patent holders have the exclusive right to the patented technology but also to any kind of developmental research on it.

C: The information disclosed by the patent holder could educate the public by making them aware of previously unknown facts about a phenomenon.

D: The usual period for which a company can hold a patent is twenty years during which patent holder can license the patented innovation to others.

E: Even though not all innovations that are filed for patents are granted the status, some of them are extremely informative and useful for developmental work.

Patents are good for the patent holders, but restrict others: we are looking for an answer which states this: B.

In slightly more words, we are looking for a reason that patenting harms innovation, meaning we are looking for some ways in which patents restrict or halt innovators. This is exactly what B tells us - even though patent holders share information, others cannot perform any developmental research on it without their permission.

A - this is an advantage for the patent holder, but not a clear restriction of other innovators.
B - this DOES restrict innovation, since it means that the patent blocks out research which could have resulted in new innovations.
E - ditto.
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Re: Journalist: Even though it may be true that the system of patenting  [#permalink]

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31 Dec 2017, 22:22
A rare gmat question with no argument structure.
THe only conclusion here is patenting does severely retard the growth of innovations in a field. The only premise is the option B. Other information is irrelevant to the argument.

--== Message from the GMAT Club Team ==--

THERE IS LIKELY A BETTER DISCUSSION OF THIS EXACT QUESTION.
This discussion does not meet community quality standards. It has been retired.

If you would like to discuss this question please re-post it in the respective forum. Thank you!

To review the GMAT Club's Forums Posting Guidelines, please follow these links: Quantitative | Verbal Please note - we may remove posts that do not follow our posting guidelines. Thank you.
Re: Journalist: Even though it may be true that the system of patenting   [#permalink] 31 Dec 2017, 22:22
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