RESEARCH METHODOLOGY

RESEARCH ETHICS

INTELLECTUAL PROPERTY RIGHTS AND PATENT LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If a company develops a new technology that improves its product, what type of IP they use to stop others from copying?
A
Patents
B
Copyrights
C
Trademarks
D
Trade Secrets
Explanation: 

Detailed explanation-1: -Types of intellectual property rights. Patents protect an invention or a technical product or process. It is unlawful for others to make, use, resell, rent out, or supply the patented object or process. The patent holder may however give others permission to do so by granting a patent licence.

Detailed explanation-2: -Patents are probably the most applicable type of IP protection for manufacturers and are often filed by those who invent new technologies, processes and products.

Detailed explanation-3: -Type 3 – Trademarks The trademark serves as a brand identifier for your business or your products. Images, slogans, and colors can all be trademarked.

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