Answer:
They can protect the business's innovations from being stolen by a competitor.
Step-by-step explanation:
intellectual property rights, such as patents, trademarks, and copyrights, can provide businesses with legal protection for their innovations and creative works. These rights can help businesses to prevent competitors from stealing or copying their ideas and products, which can give them a competitive advantage in the market. By protecting their innovations, businesses can maintain control over their intellectual property and potentially generate revenue from licensing or selling it to others. In this way, intellectual property rights can help businesses to innovate new ideas and technology, and potentially increase their profitability.