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
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
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 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
totalled $7.3 billion. The Burnaby Douglas residents would more than happily agree with this with the bill because of the economic advantage and technological advancements the bill provides to Canada and themselves. Under the conservatives taciturn management of Canada’s economy, it is clear that they do not have a future reference on what they want to do. The advantages the Bill C-41 provides
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
Measures and Suggestions 1) From the macro strategy should be to foster enterprise core competitive power as the center, establish the internationalization development strategy The core of the international strategy is to improve the international competitiveness of enterprises through innovation. Will enhance the enterprise the competitive ability, is not only the demands of the development of enterprise itself is also the need of improving national competitiveness under the economic globalization