Generating and protecting ideas

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  • Generating and protecting ideas
    • Niche market is a targetable portion of a larger market
    • Source of idea by personal experiences and brainstorming
    • copyright is protection for creative material
    • the owner of a copyright can deicide to where the material can be copied for a licence fee
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      • Patent is an official document for the user to the hold the right of invented product for up to 20 years
    • Patent means invention is property
    • Patent is attractive position for larger businesses
    • Patents are expensive and take a long time to get
    • Trademarks are signs and logos on a companies product which is instantly recognisable and creates USP from competitors



this is a good start, but you should finish it 

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