Question

What is the role of an entrepreneur in contributing towards IntellectualProperty Rights?a. Recognise and respect others’ Intellectual Property Rightsb. Be creative and innovativec. Protect their own Intellectual Propertyd. All the above

Answer 1

Explanation:

“Intellectual Property Rights” (IPR) used to protect the technology, design brand name and creativity behind the concept. It gives the creator the sole ownership of the concept, in the similar way as the owner of the physical properties of a home or car. Owners can control the use of their intellectual property to get financial reward. The role of an entrepreneur is to protect their name of brand, creativity and other things which can be helpful in growth of a company.