You are creating a new, innovative machine for a company that you work for. The idea is new and will give your company a real competitive advantage. The owner of the company wants to copyright the machine that you are developing. You need to explain the following to the owner of the company: 1. Is copyright an appropriate form of intellectual property protection for a new machine? Explain your answer. 2. If not, what is the most appropriate form or intellectual property protection for an innovative machine? Explain your answer. 3. How is the most appropriate form of protection applied for?
You are creating a new, innovative machine for a company that you work for. The idea is new and will give your company a real competitive advantage. The owner of the company wants to copyright the machine that you are developing. You need to explain the following to the owner of the company: 1. Is copyright an appropriate form of intellectual property protection for a new machine? Explain your answer. 2. If not, what is the most appropriate form or intellectual property protection for an innovative machine? Explain your answer. 3. How is the most appropriate form of protection applied for?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
You are creating a new, innovative machine for a company that you work for. The idea is new and will give your company a real competitive advantage. The owner of the company wants to copyright the machine that you are developing. You need to explain the following to the owner of the company:
1. Is copyright an appropriate form of intellectual property protection for a new machine? Explain your answer.
2. If not, what is the most appropriate form or intellectual property protection for an innovative machine? Explain your answer.
3. How is the most appropriate form of protection applied for?
4. How much protection will it provide?
5. Who owns the intellectual property relating to the machine?
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.