ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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something that comes from a person’s mind, such as an idea, invention, or process
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A house someone owns.
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A building that is tall.
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A smart person.
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Detailed explanation-1: -Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.
Detailed explanation-2: -Intellectual property rights are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.
Detailed explanation-3: -The earliest records relating to Intellectual Property dates back to the 6th century BCE, from Sybaris in Ancient Greece. It supposedly granted a yearlong exclusivity for bakers to make their culinary invention. In a manner of speaking, the rise of Intellectual Property originated from the rising of bread.
Detailed explanation-4: -What is intellectual property? Intellectual property refers to any intellectual creation, such as literary works, artistic works, inventions, designs, symbols, names, images, computer code, etc. Intellectual property law exists in order to protect the creators and covers areas of copyright, trademark law, and patents.