incentive to commercialize theory
incentive-to-commercialize theory. Patents. The economic theory justifying the grant of patent rights based on how efficient the patent system is at bringing together diverse resources such as commercial backing, manufacturing capacity, marketing know-how, and other skills that the inventor alone would be unable to handle. — Also termed incentive-to-invest theory; incentive-to-innovate theory; prospect theory. Cf. INCENTIVE-TO-DESIGN-AROUND THEORY; INCENTIVE-TO-DISCLOSE THEORY; INCENTIVE-TO-INVENT THEORY.
