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Running Head: Becoming an Entrepreneur Being an Entrepreneur 1 BEING an ENTREPRENEUR 1 BEING an ENTREPRENEUR 1 BEING an ENTREPRENEUR 1 BEING an ENTREPRENEUR 1 BEING an ENTREPRENEUR 1 BEING an ENTREPRE
Added on -2019-09-22
Intellectual Property is considered as a human intellect product that is intangible in nature but has a significant value in the marketplace. It is known as intellectual property because it is a product of the creativity, human imagination, and inventiveness. Apart from benefits, intellectual property also brings a lot of problems for business organizations. It is considered a big issue for them. Most of the business organizations have thought that their physical assets like equipment, buildings, and land as the most significant assets. But, the intellectual assets are more important than physical assets. We will see Intellectual Property Theory and Practice in detail.
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(PDF) INTELLECTUAL PROPERTY RIGHTS (IPR)
From the above report, we see intellectual Property is considered as a human intellect product that is intangible in nature but has a significant value in the marketplace.The patent is considered as a government license that provides the holder a large number of rights to a design, process, or new invention for a particular period of time. Application of patent handles by a government agency of the concerned country. The three important and effective patient forms are Design, Utility, and Plant. Trademark is considered as a symbol, device, name, or word utilized to measure the originality or source of a product or service or to differentiate those products from among available alternatives. The importance of a trademark can significantly judge by seeing its popularity.
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