Innovation Management Chapter 6 Quiz

Any product of human intellect that is intangible but has value in the marketplace.

To protect the assets and innovations developed from being used by others without permission, providing core competency and competitive advantage.

To protect assets and innovations from unauthorized use by others.

<p>To find the best course of action and avoid serious financial losses due to mistakes.</p> Signup and view all the answers

<p>Physical assets like land, buildings, and equipment.</p> Signup and view all the answers

<p>By licensing their IP to others.</p> Signup and view all the answers

<p>Evidence of being first to market, establish date of starting the invention, complete history and description of the invention, lists claims for the product's usefulness</p> Signup and view all the answers

<p>To protect the visual appearance of a product, not the product features</p> Signup and view all the answers

<p>Priority for the first patent application in all contracting states for 12 months</p> Signup and view all the answers

<p>Any word, name, symbol, or device used to identify the source or origin of products or services</p> Signup and view all the answers

<p>Access to new knowledge, opening new markets, establishing technological leadership, enhancing reputation, setting standards, blocking similar development</p> Signup and view all the answers

<p>20 years</p> Signup and view all the answers

<p>Not properly identifying all of their IP, Not fully recognizing the value of their IP, Not legally protecting the IP that needs protecting, Not using their IP as part of their overall plan for success</p> Signup and view all the answers

<p>Patents, Trademarks, Copyrights, Trade Secrets</p> Signup and view all the answers

<p>A contract between the government and an inventor that grants protection and prevents others from using the same idea/technology for a specified term.</p> Signup and view all the answers

<p>Novelty, Non-obviousness, Industrial application (Usefulness)</p> Signup and view all the answers

<p>Patent and trademark offices, such as the USPTO in the US</p> Signup and view all the answers

<p>Usually 20 years</p> Signup and view all the answers

<p>Provide consumers with useful information</p> Signup and view all the answers

<p>Patent and Trademark Offices (e.g., <a href="http://www.uspto.gov">www.uspto.gov</a>)</p> Signup and view all the answers

<p>Selecting → Searching → Applying</p> Signup and view all the answers

<p>Rebranding, Modernization, Mergers and Acquisitions, International Expansion, Repositioning, Crisis Management, Legal Reasons</p> Signup and view all the answers

<p>Grant legal rights to the owner of a work of authorship</p> Signup and view all the answers

<p>Copyright Office (e.g., <a href="http://www.copyright.gov">www.copyright.gov</a>)</p> Signup and view all the answers

<p>Literary works, musical compositions, computer software, dramatic works, pantomimes, choreographic works, pictorial, graphic, and sculptural works.</p> Signup and view all the answers

<p>To prevent disclosing information that could be damaging to a firm if stolen by others.</p> Signup and view all the answers

<p>Restricting access, labeling documents, password protecting computer files, maintaining logbooks for visitors and access to sensitive material, maintaining adequate security measures.</p> Signup and view all the answers

<p>To preserve core competences and maintain competitive advantages.</p> Signup and view all the answers

<p>Develop an inventory (registration of patents, trademarks, copyrights, etc.) and protect works in progress systematically.</p> Signup and view all the answers

<p>To ensure they are being documented and protected in an orderly manner.</p> Signup and view all the answers