incentive to design around theory

incentive-to-design-around theory. Patents. The economic theory justifying the grant of patent rights based on their tendency to encourage others to design substitutes and improvements that are better or cheaper. Cf. INCENTIVE-TO-COMMERCIALIZE THEORY Y; INCENTIVE-TO-DISCLOSE THEORY; INCENTIVE-TO-INVENT THEORY.

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词条贡献者

双语律师William，国内知名法学院金融专业，擅长翻译各类与投资基金、投资顾问及金融衍生工具相关的法律文件。