Invention and Innovation.
Invention means having a totally original idea, and showing how it can work in theory. In business, the ideal invention is one that can be patented. a different type of invention is the creation of a new piece of writing, drawing or music.
The creator of the written piece, drawing, or music is protected by copyright law. this means that anyone playing an Eminem song/record in public will have to pay songwriting fees to Eminem. similarly to photocopy a book or image without permission from the creator.
A patent makes it unlawful for anyone to copy it for 20 years after the patent has been taken out. This system provides the incentive for the inventors. Many years without competition due to the patent, lets the inventor make a big profit from it.The patent office will only grant a patent if the invention has not been shown publicly.For a new business, patenting an invention can be difficult as, there are expensive fees from the patenting office.
Innovation means putting a new idea into practice. this could be bringing a new product to the market or by getting an organisation to try a new way of working. there are 2 types of innovation.Product innovation and process innovation. An example of process innovation is mass production, this process revolutionized the way products were made, this processed even sparked the a american boom. An example of product innovation is the iPhone it has released new models from iphone to iphone 5 same with the ipad. ipad to ipad 3 and even an ipad mini.
Some stories of copyright infringement and violations of patents between apple and samsung.
http://www.bbc.co.uk/news/business-20440474
http://www.bbc.co.uk/news/technology-19377261
http://www.bbc.co.uk/news/technology-19800342
http://www.bbc.co.uk/news/technology-19816642
Invention means having a totally original idea, and showing how it can work in theory. In business, the ideal invention is one that can be patented. a different type of invention is the creation of a new piece of writing, drawing or music.
The creator of the written piece, drawing, or music is protected by copyright law. this means that anyone playing an Eminem song/record in public will have to pay songwriting fees to Eminem. similarly to photocopy a book or image without permission from the creator.
A patent makes it unlawful for anyone to copy it for 20 years after the patent has been taken out. This system provides the incentive for the inventors. Many years without competition due to the patent, lets the inventor make a big profit from it.The patent office will only grant a patent if the invention has not been shown publicly.For a new business, patenting an invention can be difficult as, there are expensive fees from the patenting office.
Innovation means putting a new idea into practice. this could be bringing a new product to the market or by getting an organisation to try a new way of working. there are 2 types of innovation.Product innovation and process innovation. An example of process innovation is mass production, this process revolutionized the way products were made, this processed even sparked the a american boom. An example of product innovation is the iPhone it has released new models from iphone to iphone 5 same with the ipad. ipad to ipad 3 and even an ipad mini.
Some stories of copyright infringement and violations of patents between apple and samsung.
http://www.bbc.co.uk/news/business-20440474
http://www.bbc.co.uk/news/technology-19377261
http://www.bbc.co.uk/news/technology-19800342
http://www.bbc.co.uk/news/technology-19816642
Hi Calum
ReplyDeleteGood research here however to improve you could have commented and discussed one of your news stories in order to show application.