DANCEST 805 Lecture Notes - Lecture 2: Pay-As-You-Earn Tax, Trading Standards, Charity Commission For England And Wales
Document Summary
Legal foundations: one of the most important things to safeguard, possibilities: parents, trademarks, copyrights, industrial design, etc. Benefits of protecting ip: substantial benefits in terms of economic growth for countries encouraging ip protection. Ip-intensive industries: produce 72% more value added per employee + create jobs at 140% higher rathe. Critics to ip protection: public interest harmed by protectionist legislation. Inhibits collaborative working on innovation: negative effect on strategy of long-term value creation. Secrecy/trade secrets: more effective than any form of legal safeguard. Ip may be one of few real assets available well advised to seek maximum ip protection as possible. Varies & complex; usually comprises multiplicity of individual pieces of legislation generate over number of years. If trademark has three-dimensional shape, has a function or adds value to good: etc, registered design: Strategic alliance: form of partnership whereby separate orgs. Come together to pursue agreed set of objectives: effective way of sustaining competitive advantage, particularly important in relation to innovation.