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Almost all of the tools and machines you use, such as computers and cell phones, are the result of innovation, invention, and improvements to older technologies. Patents are the method by which the US government offers protections to inventors, making their ideas their personal property. Because of this, patents have become an important part of the US economy. To some people, patents provide the protections needed to pursue and create new ideas and also make money from products to which they own the rights. Others believe that patents prevent innovation, create monopolies, and discourage collaboration. Read about the pros and cons of patents, and then read a debate about whether patents stifle or encourage innovation. Part A What is the primary importance of benefits 1and 2 as discussed in "The Pros and Cons of Patents"?

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