Superpowers - Week 7

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1) What is the difference between intellectual property rights and a patent?

Intellectual property right is when creators have exclusive right to their assets e.g songs, how ever patents is when the inventor is the only one who can access it, use it or sell it on example of this would be medicine


2) What is TRIPS?

The Agreement on Trade-Related Aspects of Intellectual Property Rights


3) Why are TNCs so protective over IP and patents?

It helps them get power over other competitors therefore earn more money  an example of this would be researchers descovering a new medicine that cures cancer.

 

4) How does IP apply to GM crops and pharmaceuticals?

ibtellectual property might applt to gm as they might develop an engine that runs on water so there will only be one supplier of that type of product this means supernormal profits for gm and in pharmaceuticals if you spend money in developing a medicine you will be the only seller in the market that is allowed to make that product therefore giving you an advantage over other competitors.


5) Summarise the Apple vs Samsung dispute

    Apples home is the usa where as samsungs home is somewhere in south korea

dispute was because apple thought samsung copied their apps on to their device.


6) Summarise the issue of counterfeit products in Thailand

  • Why is it happening?



Location: Bilborough College (Stop BC), Nottingham NG8 4DQ, UK

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