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Bus Innovator Unit3
Opportunity Recognition Intellectual Property
| Question | Answer |
|---|---|
| Define Patents | -Process It allows you to sale your invention for a number of years. -Machine -An article of manufacture -Composition of matter |
| Design patent | Manufactured item (14 years) |
| Utility Patent | Functional features of the invention (20 years) |
| What are copyrights? | -Literary works, musical works, dramatic works, pantomimes and choreographic works, Pictorial, Graphic and sculptural works..motion pictures and sound recordings |
| Whats a trademark? | Using someone else's work in your own way |
| Related to trademark? | A service mark |
| If your business is local? | Not necessary to register |
| Going across state or the country? | Consider formal registration from the state and the U.S. patent |
| What are trade secrets? | Information not known in the industry that give the business advantage over the competition |
| Examples of trade secrets? | Formulas..manufacturing techniques/process..customer lists amd computer software. |
| Whats plagiarism? | Copying someone else work and trying to use it of your own. |
| How would fare use work? | Fair Use allows certain ways of using copyrighted material for educational purposes. |
| Whats an idea? | potential to make or have money |
| Whats an opportunity? | Takes whats in front of them..has potential and durable. |
| What makes a good opportunity? | -Availability of a good team and adequate resources. |
| What questions should you ask yourself to make sure the idea is successful? | Is it relevant? Does it solve the customer problems? |