Intellectual Property for Entrepreneurial Business Venture Essay

Intellectual Property for Entrepreneurial Business Venture - Essay Example The related rights of copyright consist of the rights of performing artists for their performances, producers of phonograms, and those of broadcasters' programmes in either radio or television. The rights granted in all types of intellectual property are essentially negative. A patent refers to the exclusive right granted for an invention that either provides a novel means of doing, or a new technical solution to a problem. Patents provides protection for a limited period, generally 20 years. The protection granted to patent owners includes that another person cannot make commercial reproduction, use, distribution and sale of the invention without the consent of the patent owner. To enforce these rights, patent owners have to enforce it in court to prevent or enjoin patent infringement. Corollary to this, a court may declare a patent invalid when challenged. A patent owner is given the right to decide who can use the patented invention for the period granted in the patent and ahs the right to permit or license third parties to use, sell, distribute or market the invention. Upon expiration of a patent, the protection consequently ends, with the invention becoming a part of the public domain. The patent owner does not anymore have exclusive rights to the p atented invention and now available for commercial exploitation. To secure a patent, the first step is to file the application for patent that should contain the name or title of the invention and an indication of the technical field. The application must also state the background and description of the invention specific enough for an individual of average understanding in the field could subsequently use to reproduce the invention. The application must be accompanied by visual representations of the invention like diagrams, plans or drawings describe the invention better and must contain various "claims" or the necessary information that determines the extent of protection applied. To be patentable, the invention must satisfy the following conditions: (1) it must be of practical use; (2) it must be novel, that is, new characteristic in the field not yet known in the body of existing knowledge called "prior art"; (3) shows an inventive step not knowable by someone in the field with average knowledge; and (4) the invention must be accepted as "patentable" law. Hence, mathematical methods, scientific theories, discoveries of natural substances, commercial methods, plant or animal varieties, or methods for medical treatment are not patentable. A patent is usually granted by a national patent office or by a regional office for several countries. Under a regional application, applicant requests protection in several countries but each country decides on the application. The Patent Cooperation Treaty (PCT) provides for the system of filing a single international patent application with similar effect as national applications. An applicant files one application only. Thus, the joint business venture may file for patent application for the technology that combines the Osyter card's radio frequency identification (RFID) technology and the debit cards EFTPOS system together. A

Mcdonalds Essay Example | Topics and Well Written Essays - 4000 words

Mcdonalds - Essay Example However, the real problem which the company is facing in India is the dilemma of implementing the international food standards and at the same time meeting the unique tastes and preferences of the Indians. The success of the company in the market can be evaluated using Porter’s Five Forces. Therefore the competitive forces within the market, the power of suppliers and buyers and the threat of new entrants and substitutes are the forces against which the evolution of McDonald’s in the Indian market can be analyzed. PEST Analysis Political Factors McDonald’s international expansion faced political challenges because â€Å"not everyone in the world was happy to welcome McDonald’s into their country† (Center for Management Research, 2011). However, India has been described as one of the world’s largest democracies, a factor which is attributed to the liberalization of business activities within the country. Because of this liberalization McDonald ’s was allowed to enter the Indian market for its food products. Regardless of this liberalization, foreign investors are only allowed to operate in India through partnership and as a result, the company has ventured into partnerships with local investors such as Hardcastle Restaurants Private Limited which provide food products to the Indian market. Moreover, the Indian government is fairly stable which has provided a secure business environment for McDonald’s business operations. Because of the political stability within India, the company has invested in various parts of the country through opening many outlets which are aimed at serving the market with sufficiency. The marketing strategy of the company includes various promotional campaigns through sports activities. The fact that the government of India is involved in the purchase of large quantities of sportswear demonstrates that the political environment favors the marketing strategy of the company. Economic Fa ctors India is experiencing positive economic growth and thus leading to an increase in the ability of the population to spend money. This has elevated the sales revenue of McDonald’s within the Indian market. The economic climate in India is characterized with Multinational Companies (MNC) restrictions such as the support of companies which promote technological growth as opposed to food companies such as McDonalds and thus causing an economic hindrance of the company’s operations within the country. The economic forces within the Indian market are largely controlled by the market which defines the entry and exit of foreign companies to the market. However there in an increased support for employment within India which has enabled McDonald’s to acquire skilled labor within its business outlets. Social Factors In India, McDonald has been viewed as a â€Å"symbol of American economic and cultural domination† (Center for Management Research, 2011). This ill ustrates that the social environment in India has been a challenge to McDonald’s operations. The major social challenge in India is the fact that cows are being worshipped and thus the company is unable to provide the market with its beef products. It is however argued that the vegetarian diet among Indians did not prevent McDonald’s from success in the Indian market. Since, religion is attributed to the vegetarian di

Child neglect, abuse and its effect on juvenile delinquency Research Paper

Child neglect, abuse and its effect on juvenile delinquency - Research Paper Example The unseen types of child abuse are more destructive and make lifetime scars on the victims. This paper is a discussion on cases of child abuse, child negligence, and its effects on juvenile delinquency. The risk factors for child abuse and neglect are families with domestic violence, untreated mental illness cases, alcohol and drug abuse, and lack of parenting skills. Federal law on child abuse and prevention Act (CAPTA) defines child abuse and neglect as, â€Å"Any recent act or failure to act on the part of a parent or caretaker which results in death, severe physical or emotional harm, or sexual abuse† (Child welfare web). Some myths depict that, for an action to amount to a child abuse, it must be cruel and only done by dishonest persons to the child. This is not always the case since other types of injury are invisible and do not include any violence. Additionally, some parents find themselves caught up with acts of violence due to mental and personal problems. Another myth is that child abuse does not occur in respectable families. The truth is that child abuse happens across all tribes, cultures, and economic status including reasonable, bad, and poor neighbourhoods. The following is some forms of child abuse. The first and serious category of child abuse is neglect. Statistics show that of all the child abuse cases reported every year, over 60 % of these cases are of minor neglect. Child negligence is a failure of the parent or a caregiver to bear a child’s basic needs. They may take the form of physical needs like food and shelter, medical needs, educational needs, and emotional needs. Additionally, child negligence result when a child is left alone to suffer from pain and damage from the harsh conditions of the surroundings without any communication from the parents. In such a case, the caregiver’s name and their whereabouts remain unknown. Negligence as a form of child abuse can also be

Law and Policy Case Study Example | Topics and Well Written Essays - 750 words - 1

Law and Policy - Case Study Example These strategies promote integrity, availability and confidentially of information by defining security procedures, guiding their implementation and outlining wide array of measures. This proposal looks the impact of organization laws, regulations, and policies in maintaining confidentiality, integrity, and availability. Legal environment and its impact on information security The legal environment provides an indispensable framework that guides organization on how to achieve various goals such as information security. In many organization, the triad of factors—rules, regulations and policies constitute the entire framework the promote information security (Martin, & Khazanchi, 2006). These factors, however, differ on their scope and impact on information security matters within an organization. In many organizations, policies remain the first strategy of ensuring the organization information systems are secure. Regardless of the type of organization, whether business, nonprof it or federal, policies stipulate guidelines that promote information security. Policies in general, guide information security governance within an organization and this help maintain information security within an organization. ... For instance, the United States Federal government publishes a minimum-security requirement that its agencies must adapt to secure data and information technologies (Martin, & Khazanchi, 2006). On the other hand, organization can develop policies that guide how their employees interact and use information system to protect data and promote confidentiality, integrity, and availability. In many cases, government policies guide how government entities structure their policies and implement security apparatus. However, organization policies direct the conduct and use of information system among the organizations personnel, administrators, and clients. Despite their difference, these policies provide a baseline that helps define access rules and develop mitigation effect should there be any security breach. For instance, government and organization polices provide employees with guidelines on how to secure systems. For instance, the Federal guidelines stipulate the minimum encryption that federal entities must adapt to secure the system from threats that can influence (Martin, & Khazanchi, 2006). In addition, an organization can develop policies that outline how its users can secure their information when using information system. For instance, a banking institution can set policies that require customers to change users’ passwords after the lapse of a certain period. These policies reduce the risk that can breach security measures not to mention promoting responsibility over information security. Rules on information security define the legal environment of an organization. Regulations refer to orders that define what users of information can perform and what they user should not. This aspect of the legal environment is critical in