Using Intellectual Property Rights (IPR) as a Means of Commercialising

question 7

Multiple Choice

Using intellectual property rights (IPR) as a means of commercialising an innovation has many advantages, but also significant risks.Which of the following is not a common problem?

• A)Opportunity costs of search, registration and renewal.
• B)Restricts market applications.
• C)Public registration and disclosure.
• D)Ability to enforce rights.

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Definitions:

Implementation Stage

The phase in a project or plan when the designed strategies or actions are put into operation or execution.

Plan's Complete Implementation

The full execution of a strategy or project according to its specified plans and processes, ensuring that all objectives are met and the desired results are achieved.

Decision Making

The process of choosing among different alternatives to achieve a desired outcome.

Systematic Thinking

It involves looking at the whole picture, considering all factors and how they interrelate, rather than focusing on parts in isolation.