What is there for to rejoice if you have the intellectual property on something? Would it be a great instrument to the economic growth of the country? Or you are just the sole beneficiary of the fruits you have reaped from what you have sowed? Explain.
If you have intellectual property on something, you would surely be happy because of a lot of things. But as for me, having intellectual property on something and considering that it is a fruit of all my hardships I would be happy because of having a physical evidence of an achievement and if fortunate enough may also be a source of fund in the future. Yes, I think it would be a great instrument to the economic growth of the country and at the same time to you that is already considered as an innovator. If you have invented something that contributes big help to your country then having intellectual property on the thing you invented is no doubt would be a great instrument to the economic growth of the country. Aside from the practical benefits of the things you claimed you have invented, there are also some indirect benefits like the acknowledgement that you and your country would receive from other countries. As to the financial aspect, you will only be the sole beneficiary of the fruits you have reaped from what you have sowed if the resources you’ve used in inventing something are all provided by yourself only, but if the invention was of help by an organization or an institution or any group then there would be an appropriate shares of money.