In the past few decades, there has been a decrease in the value of tangible assets and traditional financing mechanisms. In contrast, the intangible assets, intellectual property rights, have progressively gained popularity and worthiness over the period of time. Intellectual property rights which consist of copyright, trademarks and patents are the significant assets of the companies as they can generate profitability for the corporations.
In the UK, a patent may only be granted for an invention that is novel, inventive and capable of industrial application. On the other hand, in the USA, a patent is issued for useful, novel and non-obvious invention and process that is not laws of nature, abstract ideas, or natural phenomena. A drug patent
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Apart from a small company and academic institution which have limited funds, even a large corporation with can use its patent portfolio for acquiring additional capital. The UK’s statutory definition of securitisation is “(a) transaction or scheme, whereby the credit risk associated with an exposure or pool of exposures is tranched having the following characteristics: (a) payments in the transaction or scheme are dependent upon the performance of the exposure or pool of exposures, and (b) the subordination of tranches determines the losses during the on-going life of the transaction or scheme.” The concept of securitisation is that the debtor-business entities securitising their assets, the patented innovations, by selling the stream of future cash flows to the SPV which are normally the royalty stream securitisation firms in exchange for its present value. Afterward, the SPV will issue securities which are backed with the predictable revenue streams from the originator in the market with the goal of selling them to the investors. Thereupon, the patent-backed securitisation provides the institutions or companies with the essential cash promptly which is vital in order to carry on and expand its research and development while enabling the companies to maintain control over the intellectual property as well as acquire capital without losing equity. Accordingly, the significant financing gaps between the earlier stages of the research in creating the invention and the later stages of the finished innovation based on the patent are bridged by the use of securitization as a raising funds tool. Moreover, people and entities which might never
Inventors during the Gilded Age served as forces behind the tycoons’ success in the efficient manufacturing of goods; Yet, their relationship is symbiotic because the innovators also depended on the industrialists to employ their creations. Historian Klein emphasizes that “technologies could develop only when entrepreneurs sensed their potential, took hold of them, and employed them in ways that ultimately embedded them as the foundation of the American way of production. This mutual dependence proved a potent catalyst for rapid economic expansion” (Klein 17). Industrial tycoons, seeking the premier technologies in the field, provided a platform and market for the implementation of new techniques, which further increased efficiency and yield in the industrialized
Each of these areas of law plays a crucial role in shaping how businesses operate, compete, and innovate, as well as in protecting consumers, employees, and the overall market (Lau & Johnson, 2011). Nevertheless, striking a balance between regulation and freedom for businesses is essential to promote economic growth and ensure that businesses can adapt to evolving environments (Teacher, 2013). Antitrust laws protect consumers and ensure fair competition, while employment laws regulate employer-employee relationships and protect workers' rights (Chen, 2022; Fishman, 2019). Intellectual property rights promote innovation and protect inventors, but they must be carefully balanced to encourage follow-on innovation and avoid hindering competition (Wiens & Jackson, 2015). Consequently, the continuous improvement and adaptation of laws in response to changing business environments are
Ferraiolo, K. (2007). From Killer Weed to Popular Medicine: The Evolution of American Drug Control Policy, 1937-2000. Journal of Policy History, 19(2), 147-179 In this article, it discusses the medical use of marijuana, the states that have legalized it and how these states went about doing so. This article also talked about other drugs that are illegal was at one point in time legally used for medical reasons.
When James Madison drafted the Bill of Rights, he wanted some of the provisions to apply to both the states and the federal government, but the “states would not have ratified the document [Bill of Rights] had the limitations been seen as proscribing state action,” (Scheb, 28). As such, the first amendment reads: “Congress shall make no law…” (First Amendment). In other wordas, the Bill of Rights only provided protections from the federal government—the only government with a “Congress. The states could bypass these restrictions, and many did until the Incorporation Doctrine began to take shape after the Civil War.
The capital business sector is the business sector for securities, where organizations and the legislature can raise long haul stores. The capital business sector incorporates the stock exchange what 's more, the security market. Money related controllers, for example, the U.S. Securities and Exchange Commission, direct the capital markets in their individual nations to guarantee that financial specialists are ensured against extortion. The capital markets comprise of the essential business sector, where new issues are appropriate to financial specialists, and the optional business sector, where existing securities are exchanged. (n.d.).
Certiorari was granted to resolve “the question of whether the objective evidence of actual damage to the economic value of a famous mark rather than a presumption of damage from subjective probability standard of dilution is required for relief under the act.” Federal Trademark Dilution Act entails the factors that determine whether a mark is distinctive and famous. The act defines “dilution” as the “lessening of the capacity of a famous mark to identify and distinguish goods or services.” The FTDA answers that question, and the answer is no. This requirement was not included in the act.
Intellectual property refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce (Source 1). Some common types of intellectual property include, but are not limited to; trademarks, patents, copyright, and industrial design rights. While there has always been intellectual property, it was not until the late 1900’s that the term “intellectual property” was used. Intellectual property, like physical property, is owned by a certain person or group, who has legal rights over that property. Mr. Timothy Sykes and his company own the rights over all of his products, including the 9 DVD’s I downloaded and uploaded to my website.
Restrictions and the Prohibition became a thing and many people in the late 19th and early 20th century were questioning the objections to non-medical usage and it soon became a hot debate. Drugs were used for everyday use within industrial workers and laborers. Drugs today are either known as Licit or Illicit ones because we know which ones are actually okay to use in everyday life and then the ones that hurt people. Caffeine is used today worldwide, and it is legal, but only some of the drugs are this way. We still have the illicit drugs that will always be that way such as cocaine and meth.
Furthermore, several acts were enacted to regulate the use of specific drugs as well as the federal prohibition of alcohol. But in 1933, Prohibition ended, making it legal to consume alcohol again. In the 1970’s, drugs were categorized based on their “potential for abuse” (Levinthal, 2016). Unfortunately, many of the illicit drugs are manufactured outside of the United States.
There are two things that prompted the idea of regulating drugs in the 20th century. They were the abuse of the drug and the drug use among minority groups. Cocaine and opium were the main drugs used for treating pain the soldiers were in and women with female problems. These two drugs were the first to be patent because of the addiction that is was causing. Today patent means it has to be registered with the government.
What is a drug? According to our notes, a drug is a substance other than food that affects the structure or the function of the body through its chemical action. Our society has both legal and illicit drugs. My focus for this essay is the use of legal prescription medications.
The firm said angel investments should grow to between $28 billion and $50 billion by 2015. That's an 88% increase in lending venues around the world. There is a definite void left by traditional vendors, as small business loans from banks have dropped 32% since 2008. This is an opportunity for the crowdfunding market, and TABB research said that if the SEC gets it right, crowdfunding will have a real chance to compete as an alternative
When capital markets are enables to offer funds, increase the risk of competitive entrants. The industry will becomes a magnet to new if a firm have a very high profit. Unless got way we can solve this problem if not the competition and competitor will increase. Firms in an industry try to keep the new entrants low by barriers to entry, first is economies of scale. An economy of scale is when an industry is characterized by large economies of scale for new firms to enter and participate, if they are willing to accept a cost disadvantage.
Q2 (15%): Patent related questions. (3%) What are the mostly important requirements for patentability? The most important part of patent application is claim.
In the wake of achieving sustainability, the difficulties that lie ahead for Skillshare would be undertaking to remains competitive as far as services development and finding another request champion which would put them in front of their rivals. 7.3 Intellectual Property Issues A firm’s intellectual property comprises of intangible assets, which are considered the most significant to them. These assets will furnish a business with an upper hand in the business sector. The loss of its intangible assets could be just as unreasonable as a vanished physical property of a firm.