Protecting intellectual property Flashcards

(1 cards)

1
Q

Protecting intellectual property

A

Maintain competitive advantage
Increase barriers to entry

Patent
- costly
- an innovative, new invention
- some exclusions
- Tesla has patents on certain electric batteries
- Apple has patents on their touchscreen technology

Copyright
- important protection in the media industry
- lasts for 70 years
- automatic
- Disney for their characters, movies and songs

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