Question.4809 - Week 9 discussionThis is the discussion forum for Week 9 of the semester. Only items you post here during the class week will be counted toward your discussion grade.You must answer the discussion questions with your own relevant and meaningful input. Also, you must reply to the inputs of at least 2 other students in the class. You should participate throughout the week so that others will be able to respond to your input and also you to theirs. Discussion Questions:1) In your own words, what is a patent? Of what value is a patent to an entrepreneur? What benefits does it provide?2) In your own words what is a copyright? What benefits does it provide?3) What are the differences between Chapter 7 and Chapter 11 bankruptcy? What sort of protections does each offer the entrepreneur?
Answer Below:
Hello xxxxx and xxxxxxxxx Question x patent xx a xxxxxxxxxxxxxxxxxx right xxxx gives xx inventor xxxxxxxxx control xxxx their xxxxxxxxx for x limited xxxxxx typically xxxxx from xxx date xx filing xxxxxxx apply xx new xxx useful xxxxxxxxxx including xxxxxxxxx machines xxxxxxxxxxxx items xxx chemical xxxxxxxxxxxx The xxxxxxx purpose xx a xxxxxx is xx encourage xxxxxxxxxx by xxxxxxxx inventors xxx ability xx profit xxxx their xxxxx without xxxxxxxxx competition xxxxxxx For xx entrepreneur xxxxxxxx a xxxxxx is xxxxx because xx prevents xxxxxxxxxxx from xxxxxxx or xxxxxxxxx from xxxxx innovation xxxx exclusivity xxxxxx the xxxxxxxx to xxxxxxxxx a xxxxxx advantage xxxxxxx investors xxx potentially xxxxxxxx revenue xxxxxxx licensing xxxxxxxxxx or xxxxxxx sales xxx example xx a xxxx entrepreneur xxxxxxxx a xxx battery xxxxxxxxxx with x longer xxxxxxxx securing x patent xxxxxxx that xx one xxxx can xxxxxxx or xxxx the xxxx technology xxxxxxx permission xxxxxxx Question x copyright xx a xxxxx protection xxxx grants xxx creator xx an xxxxxxxx work xxxxxxxxx rights xx reproduce xxxxxxxxxx and xxxxxxx their xxxx This xxxxxxx to xxxxxxxx musical xxxxxxxx and xxxxxxxx creations xxxxxx patents xxxxx cover xxxxxxxxxx inventions xxxxxxxxxx protect xxxxxxxx expressions xx most xxxxx copyright xxxxxxxxxx lasts xxx the xxxxxxx s xxxxxxxx plus xxxxx Kuratko xxx entrepreneurs xxxxxxxxxx are xxxxxxxxx because xxxx prevent xxxxxxxxxxxx use xx their xxxx ensuring xxxx retain xxxxxxx over xxx their xxxxxxxxx are xxxx and xxxxxxxxx For xxxxxxxx a xxxxxxxx that xxxxxxxx original xxxxxxxx materials xxxxxxxx content xx software xxx register xxxxxxxxxx to xxxxxxx competitors xxxx copying xx distributing xxxxx work xxxxxxxxxxxx copyrights xxxxxxxx business xxxxxxxxx and xxx generate xxxxxx through xxxxxxxxx or xxxxx A xxxxxxxxx example xx a xxxxxxxxx who xxxxxxxx a xxxxxxxxxxx copyright xxxxxxx that xxxxxx cannot xxxxxxxxxx or xxxx the xxxx without xxxxxxxxxx Kuratko xxxxxxxx Entrepreneurs xxxxx face xxxxxxxxx challenges xxx bankruptcy xxxx provide xxxxxxxxx paths xx either xxxxxxxxx or xxxxxxxxxxx their xxxxxxxx The xxx most xxxxxx types xxx Chapter xxx Chapter xxxxxxxxxx Chapter xxxxxxxxxx known xx liquidation xxxxxxxxxx involves xxx sale xx a xxxxxxxx s xxxxxx to xxxxx creditors xx most xxxxx the xxxxxxxx ceases xxxxxxxxxx permanently xxxx form xx bankruptcy xx typically xxxx when x company xxx no xxxxxx path xx profitability xxx needs xx eliminate xxxx completely xxx benefit xx Chapter xx that xx provides xxxxxxxxx relief xxxxxxxx the xxxxxxxxxxxx to xxxx forward xxxxxxx personal xxxxxxxxx in xxxx cases xxx example x retail xxxxxxxx struggling xxxx overwhelming xxxx and xxxxxxxxx sales xxxxx file xxx Chapter xx liquidate xxxxxxxxx settle xxxxx and xxxxx the xxxxxxx Kuratko xxxxxxx bankruptcy xxxxx as xxxxxxxxxxxxxx bankruptcy xxxxxx a xxxxxxxx to xxxxxxxx operating xxxxx restructuring xxx debts xxxxx a xxxxxxxxxxxxxx plan xxxx type xx bankruptcy xx common xxx businesses xxxx face xxxxxxxxx financial xxxxxxxx but xxxx the xxxxxxxxx to xxxxxxx The xxxxxxxxx of xxxxxxx is xxxx it xxxxx the xxxxxxxxxxxx a xxxxxx to xxxxxxxxxxx debt xxxxx maintain xxxxxxx of xxx company xxx work xxxxxx profitability xxx instance x restaurant xxxxx experiencing xxxxxxxxxx losses xxx to xxxxxxxx downturns xxx use xxxxxxx to xxxxxxxxxxx debts xxx continue xxxxxxxxx until xxxxxxxxxx improve xxxxxxx References xxxxxxx D x Entrepreneurship xxxxxx Process xxxxxxxxMore Articles From Entrepreneurship
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