15.1.1 The Importance of Intellectual Property

For this activity:

You will need to write down your answers in your Mahara e-portfolio.

In this theme you have learnt that intellectual property is any product of human intellect that is intangible but has value in the marketplace.

Consider the following question and prepare a short description, justifying your comments.

It may help if you use the internet and other sources of information to research your answers. 

How do you think an entrepreneur can protect ideas, knowledge or products from being copied or imitated?

To answer this question, you could think about/research the following:

1.       What different types of ideas, knowledge and products are there?

2.       Do different types of products have different methods of protection?