ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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patent
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patent pending
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public domain
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EEOC
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Detailed explanation-1: -What is the Public Domain? The term “public domain” encompasses those materials that are not protected by intellectual property laws such as copyright, trademark, or patent laws. No individual owns these works; rather, they are owned by the public.
Detailed explanation-2: -So copyrights from before 1928 have now all expired, as of 2023, whether they were renewed or not. Copyrights from 1928 to 1963, if not renewed, and not made exempt from the renewal requirement (see above) have also expired. There are a few ways to find out whether a copyright was renewed.
Detailed explanation-3: -The 70 year protection period means copyright is an extremely long-term intellectual property right. For comparison, patents expire indefinitely after 20 years, and registered designs have a maximum term of protection of 25 years. The only rights that beat copyright in their longevity are trade marks.
Detailed explanation-4: -All terms of copyright run through the end of the calendar year in which they would otherwise expire, so a work enters the public domain on the first of the year following the expiration of its copyright term.