QUESTION 10 Surveys show that which of the following approaches to innovative firms see as the most effective for appropriating the returns to innovation? O Trade secrets O Patent and Copyright Protection Strategic timing of entry Price Discrimination QUESTION 11 Which of the following best captures the benefits of providing protection to trade secrets? O Trade secrets allow firms to appropriate returns from a very wide range of innovative activities. Trade secrecy likely leads to duplication of R&D efforts, increasing competition. Trade secrets stimulate the security sector in the US economy. Trade secrecy reduces the anti-competitive implications of a patent system, as the patent system reduces the option value of secrecy and encourages disclosure th system. QUESTION 12 What is an advantage of the information cascades, path dependence, and network effects models over the epidemic model? They assume that inofrmation sources are relatively diffuse. They are virus free. They generate S-shaped diffusion curves. They allow for some firms' innovations to fail. QUESTION 13