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What Is Intellectual Property? Why Is It Called "Intellectual" Property

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Essay

What is intellectual property? Why is it called "intellectual" property? Why is intellectual property such an important issue for entrepreneurial firms?


Definitions:

Subordinates

Refers to employees or team members who are lower in rank or position and report to a supervisor or manager.

Guideline

A set of recommendations or principles that suggest a course of action or standard behavior.

Not to Delegate

involves making a decision to retain certain tasks or responsibilities personally, rather than assigning them to others, typically due to the unique importance or skill required.

Sterile Dressing

A germ-free covering placed over a wound to promote healing and prevent infection.

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