BUS228 BUSINESS DYNAMICS By (Name) Course Tutor: University City Date BUS228 Business Dynamics Patents are important for companies and individuals that have involved themselves in research activities. They provide a means for these parties to protect the concepts and processes that they have discovered as part of their product development (Bainbridge, 2007). Once they have gained a patent, parties responsible for research have the legal means to prevent others from copying, producing or altering the concept or process without express permission (Intellectual Property Office, 2013). Patents…
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