Ronald Reagan actually said...

The promise of the financial reward provided by exclusive rights to intellectual property induces individuals to compete to create and develop new and useful technologies.

Context

Message to the Congress Transmitting Proposed Legislation To Improve Industrial Productivity and Competitiveness

09/11/1983

https://www.presidency.ucsb.edu...

More Ronald Reagan Quotes

Maybe we're partly responsible for what has happened, and we've thought that they should enjoy things more than sometimes have to work at th...
6/8/1983
I think it's possible.
6/8/1983
I can assure the farmers and dairymen that no administration will ever take their problems more seriously or work harder for solutions than ...
6/8/1983
Both sides, according to our proposal, are going to have to do away with some of their weapons.
6/8/1983

View All Ronald Reagan Quotes