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Business
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| Number of pages / Number of words: |
8 / 2058 |
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However, no any compensation is paid.
From the other side, scientific and technical knowledge diffusion is a classic case study of positive externalities. From a public point of view, it is profitable for a company to make public results obtained about a search. Without the patents which permit to secure knowledge but also to commercialize it, the research and development cost should not be efficient and finally no more firms will invest in this domain...
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3) Solutions
How can the negative link between ?market failures' and environment be stopped? States should set up emission standards, with a maximum rate for each economical sector sentenced by financial penalty. Instead of being the best solution, this one is in a mid-term vision viable for a large number of countries...
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