Exam (elaborations)
bcor Questions and Correct Answers 2024/2025 | Graded A+
- Course
- Institution
bcor Questions and Correct Answers 2024/2025 | Graded A+
[Show more]
Content preview
bcorAccording to the Economist blog, "What disruptive innovation means", which of the following is
the definition of disruptive innovation? - ANSinnovations that create new markets by discovering
new categories of customers
A trademark is: - ANSA word, phrase, symbol, or design which identifies the source of the goods
or services
A patent is: - ANSGranted for any new production process, machine, manufacture or
composition of matter
According to the reading "Law and Economics of IP", what is the objective of intellectual
property protection? - ANSMaximize the incentives for creation of intellectual property and while
reducing administrative and enforcement costs
A copyright is: - ANSThe protection of artistic works such as books, plays, music, movies,
computer software, paintings, etc.
According to Besen and Raskind, which type of intellectual property has the most powerful
remedies in cases of infringement? - ANSCopyrights
In which of the following ways is intellectual property provided legal protection? - ANSAll of
these answers (trade agreements made with other nations, U.S. State law, the US constitution,
international conventions)
A trade secret is: - ANSIntellectual property that gives its holder a competitive advantage over
the competition
In order for the US patent office to award a patent for a new invention, the inventor must show
the invention is: - ANSAll of these answers (nonobvious, useful, new)
Which of the following characteristics of international property protection would NOT directly
affect the incentives of potential innovators/inventors? - ANSThe number of applications for IP
protection that a particular government agency reviews in a given year.
Which of the following is NOT a function of trademarks? - ANSTo protect terms that may
become generic
Courts consider the following when determining trademark infringement: - ANSAll of these
answers (the defendant's intent in selecting its mark, relatedness of goods produced, similarity
of the marks)
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller QualityPDF. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
71184 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now