Lumaktaw sa pangunahing content

Intellectual Property Rights

What is intellectual property?
Intellectual Property (IP) refers to any original creation of the human intellect such as artistic, literary, technical, or scientific creation used for a business.
It is an asset that any person can own,sell, or license, and is necessary to be protected from theif and unauthorized use.
It is very well settled that IP plays a vital role in the modern economy. It has also been conclusively established that the Intellectual labour associated with the innovation should be given due importance so that public good emanates from it.
In the field of business industry, anyone can create and build their own line. However, anyone can also steal and claim your ideas with or without you noticing it. In this section, the intellectual property rights is taken into action.
Intellectual Property Rights refers to the legal rights given to the inventor to protect his invention or creation for a certain period of time.
These legal rights conference an exclusive right to the inventor / creator or his assignee to fully utilise his invention / creation for a given period of time.
Oftentimes IP rights is under the negative rights which requires non-interference of others or simply a negative duty.
Objectives of IP System
°Intellectual property protection is critical to fostering innovation for the inventors that will allow them to recover research and development investments while reaping the benefits of their inventions for a limited period of time.
° Public interest are ensured and proctected from an access to counterfeited and pirated goods that can harm consumers.
Both the interest of the innovators and the public interest are given an equal chance by the the law for the information and intellectual goods the innovators create.

Mga Komento

Mag-post ng isang Komento

Mga sikat na post sa blog na ito

Potential for Opportunity Recognition and Team Formation of Entrepreneurs

"Entrepreneurs see ways to put resources and information together in new combinations. They not only see the system as it is, but as it might be. They have a knack for looking at the usual and seeing the unusual, at the ordinary and seeing the extraordinary. Consequently, they can spot opportunities that turn the commonplace into the unique and unexpected." – Mitton (1989, p. 12) "The significant problems we face cannot be solved at the same level of thinking we were at when we created them." – Albert Einstein ---------------------------------------------------------------- How Do You Spot Opportunities? Planning for a business that you wished to prosper in the market, should primarily consider how to recognize and exploit the market opportunity to start the business or launch a new product to produce merchandise or service that fits the market's needs and available resources. Moreover, a business created to meet the new market opportunity is...
Mag-post ng isang Komento
Magbasa nang higit pa

Entrepreneurship through Technology Serving a Social Cause

Within the main idea that the notion of social entrepreneurship advocates, it is the usage of innovations that are being considered sufficient enough to deal effectively with various social problems, such as for instance, to address poverty, to limit the access to healthcare systems, especially in the case of remoted or underserved areas, to provide solution plans in relation to youth unemployment, or even to reinforce the role of women in the modern societies by defending women’s rights, by maintaining women’s access to credits, etc. For the solution of similar to the aforementioned problems, social entrepreneurs proceed to the usage of various technological innovations. To be specific, we will substantiate this argument by providing a list of examples, deriving from ordinary cases and which indicate ways in which technological applications power social innovation. For instance, in the majority of the so-called third countries, both farmers and relative workers need to be ...
Mag-post ng isang Komento
Magbasa nang higit pa

How to Do Things That Don’t Scale

" Do things that don't scale" is a saying by Paul Graham. But how do you know which uscalable things to do? “Scaleable” means you’re building your startup 3, 5 or 10 times as fast as someone who’s doing the same work, but manually.They call it economies of scale. We’ve seen how tech giants (along with scalable startups) are in the topmost profitable companies and it’s no wonder: technology in itself means scale. We’ve also seen this tendency to focus only on scale, to the point where startup founders dismiss some ideas, simply because they can’t be scalable from ground zero. Yet the catch is this: building a startup that can generate a billion dollar in revenue or more means that you come up with a scalable plan and do the unscalable work until it reaches that point. Like a snowball effect; you roll a snow from the ground up to some point where it gradually gets bigger.    But what if your startup fails? No market need’, ‘running out of cash’, ‘lac...
Mag-post ng isang Komento
Magbasa nang higit pa