Protecting Innovation

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Question 1
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Sometimes,not vigorously protecting a technology works to the firm's advantage.

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Question 2
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The degree to which a firm is able to capture the rents from its innovation is known as its monopolization potential.

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Question 3
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If a tobacco farmer comes up with a new plant that one can smoke without experiencing any negative health effects,he could receive a plant patent for it.

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Question 4
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A patent now lasts 17 years in the United States.

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Question 5
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In the United States,an inventor is allowed to publish an invention provided he has secured a patent for that invention.

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Question 6
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If an inventor received a utility patent in the United States in June 2004,then his patent would be valid as of the same date in countries who have signed the Paris Convention,if he applies for protection within those countries within 12 months for a utility patent.

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Question 7
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If you want to file a claim of trademark infringement in court,you must have registered that trademark.

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Question 8
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If you live in a country that is a member of the Madrid Union and you register a trademark,that trademark is valid throughout the entire world.

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Question 9
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It is legal for Tom to download Madonna's songs in MP3 format and create compact discs that he sells to his friends at school.

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Question 10
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Steve's book,The Ten Commandments of Leadership,has been registered with the Copyright Office.It will remain valid for Steve's lifetime plus 70 years.

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Question 11
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A trade secret receives no legal protection in the United States.

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Question 12
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Wholly proprietary systems are usually quickly commoditized and provide little appropriability of rents to their developers.

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Question 13
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If a computer hardware company gives access to parts of its technology to a few software companies so they can produce complementary programs,but maintains approval of those programs before they can go on the market,it is providing limited licensing.

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Question 14
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The technology in Jinxbox Company's magic crystal ball will become wholly open when its patent expires.

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Question 15
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If multiple firms benefit from a technology's success,the developer of that technology has a much greater incentive to invest in further developing the technology.

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Question 16
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"Feature creep" refers to a company deleting features from its core product to pass the burden of those features on to other companies.

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Question 17
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If JetShoes is not able to produce the shoe glider technology at a sufficient volume or quality level,then protecting the technology so the firm is the sole provider may significantly boost the rate of adoption.

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Question 18
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If a firm lacks the production capability or expertise to produce a sufficient range of complementary goods,it should support an open technology strategy and utilize forms of sponsorship.

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Question 19
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An industry can sometimes pressurize a company to provide open (or partially open)access to a new technology.

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Question 20
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In the new shoe glider industry,standardization and compatibility of complements is important to the safety of the product as sold to consumers.External development will encourage standardization and compatibility.

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