[Unlocked] Legal Protection Mechanisms Discussed
Answer every question with minimum of 300 words. Please provide references after each answer.
Q1, Identify an example of collaboration between two or more organizations, and identify the mode of collaboration the partners chose for the project. Discuss the pros and cons of collaboration versus solo development and the pros and cons of the selected collaboration mode.
Q2, Describe the differences between patents, copyrights, and trademarks. Explain when trade secrets would be more useful than patents, copyrights, or trademarks. Identify a situation where none of the legal protection mechanisms discussed would prove useful and explain why they would not be useful.
Q3, Discuss the factors a firm should consider when deciding how centralized research and development (R&D) should be. Address whether firms should employ both centralized and decentralized R&D. Include discussion related to the tension multinational firms face when considering centralized and decentralized R&D in comparison to firms that compete in a single national market. Provide examples to illustrate your ideas.
Q4, Think about various types of technological innovation projects that firms might undertake. Conduct research to determine the types of innovation projects that are better suited for large firms and those that are better suited for small firms. Provide examples of projects where large firms outperform small firms and where small firms outperform large firms. Include a link to a relevant journal article as justification for your ideas and examples.