ECONOMICS (CBSE/UGC NET)

ECONOMICS

ENTREPRENEURS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A risk of any business is that someone else might steal your ____ ____ (Your ideas)
A
Personal details
B
Financial details
C
Emails
D
Intellectual property
Explanation: 

Detailed explanation-1: -Ideas alone are not protected under intellectual property law. There are two primary ways that you would be able to sue the company for stealing your idea. The first is if you did, in fact, reduce the idea to a protectable form before telling the company about it.

Detailed explanation-2: -What is Plagiarism? to steal and pass off (the ideas or words of another) as one’s own • to use (another’s production) without crediting the source • to commit literary theft • to present as new and original an idea or product derived from an existing source.

Detailed explanation-3: -If you feel like your idea was stolen, the next course of action is to hire a lawyer, especially one whose field of expertise lies in trademarks and copyrights. You can’t just function on assumption and accusation alone, regardless of how you feel about it.

Detailed explanation-4: -Trade Secrets. Trade secrets are generally the least expensive strategy to keep an idea from being taken. Copyrights. Copyrights are generally the second least expensive strategy to protect a piece of work. Trademarks. Patents. 22-Nov-2021

There is 1 question to complete.