Business Studies, asked by refilwen2001, 1 year ago

How trademarks and parents can be used to deal with piracy as socio economic issues

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Answered by mersalkeerthi46
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Dealing with Patents, Copyrights, Trademarks and Trade Secrets in Your Business

 

 

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Dealing with Patents, Copyrights, Trademarks and Trade Secrets in Your Business

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Depending upon the type of business you have developed you may encounter issues with patents, copyrights, trademarks, and trade secrets. These type of agreements cover the licenses and requirements for materials and their use and development of products and services. When you are developing your business you have to determine many factors about your intellectual property. To determine the type of licensing requirements you may have you have to determine, Is your idea original? If it is how will you protect it? What type of Intellectual Property Protection will you need?

In today's growing market protection for intellectual property becomes increasingly important and sometimes expensive. You should ensure you have protection in place if you intend to market a new product and competition exists in your market where a similar product is manufactured. International protection begins at home but you must also have protection in other countries. A patent in one country does not protect your product in another country. Intellectual property is important to protect your developments to gain a competitive advantage in the marketplace by prohibiting others from using your ideas.

There are many ways to protect your intellectual property. The most common are Patents, which are the right to exclude others from making, using, or offering for sale the invention you have developed. Copyrights, which are original works of authorship that include software. Trademarks, which are a word, symbol or device that identifies the source of goods such as a company logo. Trade Secrets, which are secret information that gives an owner a competitive advantage. Such as the secret recipe to Coca Cola

Answered by bratislava
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The Trademarks and parents deal with piracy as socio economic issues.

Explanation:

  • Trademarks and copyrights protect the original works such as the novel, songs, and movies. These trademarks work to protect their works and distinguish a particular brand. Other include brand names and logos.  
  • These can be used to deal with privacy and socio-economic issues as they make others from selling and copying other original products.
  • These remain exclusive to the users of a certain image and phase. They are intended to protect their work through the use of ethical trade practices.

Learn more about the trademarks and parents can be used to deal with piracy as socio economic issues.

  • brainly.in/question/8262121 answered by mersalkeerthi46.
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