Week 5 on Technopreneurship - Cedie Jaraula
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The defense of intellectual property is important for promoting innovation. Businesses and individuals would not enjoy the full benefits of their discoveries if ideas were not protected, and they would spend less time on research and development. Intellectual Property Rights that are Strong and Enforced Consumers and families must be protected. Consumers can make informed decisions about the protection, reliability, and effectiveness of their purchases thanks to strong IP rights. IP rights enforcement ensures that goods are genuine and of the high quality that consumers demand. At the end of this week, I learned that, there are different aspects of the scheme in use today, each with its own purpose, such as trademarks, copyright, and so on. Knowing these will enable us to make the best use of the system's features. Because of its sophistication, proper usage is critical, and a thorough understanding of the system avoids violations of the system's rules and regulations. With this week, we happen to improve the design of our proposed product and will make the said product next week. We can have a new update as for how we did the actual product next week.
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