.

Thursday, May 2, 2019

Fundamentals of Entrepreneurship paper Research Example | Topics and Well Written Essays - 750 words

Fundamentals of Entrepreneurship - Research Paper ExampleFor instance, a ancestry dealing with seasonal goods allow make losses when the season ends. Also, failure to manage the business in a professional way may lead to collapse of the business. Managing the business is a extensive term that encompasses many aspects such as finance, bright property and human resources among others (Bygrave & Zacharakis 103). This paper examines the issue of intellectual property rights on my proposed business car dealership.Business ideas can be hard to protect from sour or copying. keen property refer to the creations of the mind such as inventions, artistic and literally work, images, designs and name calling for commercial purposes (Libecap 46). Products in the market take a lot of time during their development, but once they are in their finished form, they can be subject to imitation within a short time. Intellectual property rights are laws that seek to protect products from such duplic ation that will affect the profits of the society illegally.Intellectual property protection exists in various forms such as patents, copyrights and trademark. The first form will not apply to the business. Patents mainly protect authors whose work is authentic and not obvious. However, the business will hold the other two forms of protections. The car dealership business has been a successful affair for those who have undertaken it. This promoter that other entrepreneurs might be interested to infringe into the businesss trademark and copyrights in the movement that it becomes successful (Libecap 47).A trademark refers to the name of the business or the brand name. This also includes any symbols in the name that signify a product or distinguishes the product from that of other businesses in the market (Libecap 47). such(prenominal) symbols might seem small and insignificant but play an immense role in the designation of a companys product by customers. The business may registe r the mark and

No comments:

Post a Comment