Week 5 on Technopreneurship - Lorenzo Llenares
 |
| Source: www.google.com |
Business is a competition where one needs to outsmart his/her rivals. In this week's lecture, it tackled the importance of intellectual property in running a business. There are instances where you got to meet the rivals in your business. It happens when your rival's products are somehow related or similar to yours. This event may be avoided when preserving the intellectual ideas and strategy of your rivals. It is impossible for a business to bloom if it originates from a copied idea. It must have its own uniqueness and authenticity to achieve a prosperous. It may be easy and fast to copy a business idea, but in the long run, it will never be progressive. In connection to the group's update on our task, a preparation on the material selection and planning is being scheduled to initiate the making of the actual prototype. Further updates will be tackled once the materials are ready for the prototype's fabrication.
Comments
Post a Comment