invention and innovation

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  • Created by: katiejw24
  • Created on: 11-05-17 12:10
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  • invention and innovation
    • risks
      • they are risky
      • expensive
      • time consuming
      • many new products fail to make it into a market
      • some businesses wait to copy others ideas
    • how to protect businesses ideas
      • PATENTS: right of ownership of an invention, design or process when registered with the government
      • COPYRIGHT: legal ownership of material such as books, music and films which prevent these from being copied
      • TRADEMARKS: the logo, symbol, sign or other features of a product that cannot be copied by others

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