Generating and Protecting Business Ideas Questions

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Where do entrepreneurs get there ideas from?
Own experience and identifying gaps in the market
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Why should you protect your idea?
Because it means no one else can steal your idea and benefit from it
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What are the 3 main types of protection?
Copyright, Patent and Trademark
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What 3 factors should you take into consideration when creating a business idea?
1. Do you have the right facilities and expertise. 2. Is there demand for it? 3. Can you benefit from providing it?
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What are the main differences between Copyright, Patent and Trademark?
Copyright is generally used for creative and artistic works. e.g. Literature. Patent is used for a new invention e.g. iPod. Trademark is used for Signs and Symbols. e.g. McDonald's Logo
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Other cards in this set

Card 2

Front

Why should you protect your idea?

Back

Because it means no one else can steal your idea and benefit from it

Card 3

Front

What are the 3 main types of protection?

Back

Preview of the front of card 3

Card 4

Front

What 3 factors should you take into consideration when creating a business idea?

Back

Preview of the front of card 4

Card 5

Front

What are the main differences between Copyright, Patent and Trademark?

Back

Preview of the front of card 5

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