Intellectual property has assumed central importance throughout the world in the recent past. Intellectual property is the creative work of human intellect. The main motivation of its protection is to encourage and reward creativity. The prosperity received by developed nations is the result of exploitation of their intellectual property. Intellectual property relates to pieces of information which can be incorporated in tangible objects at the same time in an unlimited number of copies at different
television, for the 1.1 billion people in India, Intellectual Property rights have become a “boon for the nation.” The framework of the IP protection system consists of the Patents Act (1970), the Copyright Act (1957), and the Trademarks Act (1999). Culturally, intellectual property contributes to “human progress and creative expression.” Economically, intellectual property can be regarded as “an exclusive, intangible asset” that can result in a competitive advantage in a particular market. Licensing is “voluntary”
dangerous that the secrets leak to others and lost or competitive advantage just like how to make good herbal tea for Hung Fuk Tong. If the formula has leaked out, then other company maybe very easy to duplicate our
to human resource for the development and enhancement of economic values of the interested parties associated with corresponding organization. It is a powerful managerial tool for internal human resource management
LSM The impact of intellectual property rights on preserving the competitive advantage. A case study of Apple Inc’s iPhones . Word Count: 14,014 Abstract The world today has rapidly developed into a services industry where knowledge is power. Knowledge provides means of acquiring newer technologies which then businesses can then use to create new products. In this context, IPRs become a valuable asset that firms can use strategically to lessen or prevent competition. IPRs are basically
MANAGEMENT INFORMATION SYSTEM 1. Management information system is an organized portfolio of a precise system for getting, processing, and giving information in anchor of the business operations and management of an organization. Types of Management system that is able to employ competitive advantage: • Transaction processing system for operational data processing that is desired, for example, to register consumer orders and to outturn invoices and payroll. • Management reporting systems competent
MANAGEMENT INFORMATION SYSTEM 1. Management information system is an organized portfolio of a formal system for obtaining, processing, and delivering information in support of the business operations and management of an organization. Types of Management system that is able to employ competitive advantage: • Transaction processing system for operational data processing that is desired, for example, to register consumer orders and to outturn invoices and payroll. • Management reporting systems competent
According to the International Monetary Fund, foreign direct investment, commonly known as FDI, "refers to an investment made to acquire lasting or long-term interest in enterprises operating outside of the economy of the investor." The investment is direct because the investor, which could be a foreign person, company or group of entities, is seeking to control, manage, or have significant influence over the foreign enterprise. What Is FDI? These three letters stand for foreign direct investment
There are two main type of alliance: horizontal and vertical ones. When the first one is the relationship among biotechnology firms, the latter is the cooperation between a firm and its suppliers or distributors. Vertical alliances seem to bring more successful cases than horizonal alliances because the partners can become competitors in the horizontal ones. This paper only focuses on the vertical alliance with its two main branches: upstream and downstream ones. Biotechnology firms pursue vertical
professionals have the unique responsibility of managing assets and analyzing risks to ensure the future success of a company or organization. Though I ultimately chose to major in International Business as my undergraduate course, I also studied business, management, economics, and finance. These courses impressed upon me the importance of the financial sector in the economy. It is due to my understanding of the importance of finance and investment, coupled with my sheer interest for this