Questions from General Entrepreneurship


Q: Give an example of a design patent. How can having a

Give an example of a design patent. How can having a design patent provide a firm a competitive advantage in the marketplace?

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Q: What is the purpose of an assignment of invention agreement? Is

What is the purpose of an assignment of invention agreement? Is it a good idea for firms to ask their employees to sign assignment of invention agreements?

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Q: What are the six steps in applying for a patent?

What are the six steps in applying for a patent?

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Q: What is a trademark? How can a trademark help a firm

What is a trademark? How can a trademark help a firm establish a competitive advantage in the marketplace?

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Q: What is the difference between an internal and an external growth strategy

What is the difference between an internal and an external growth strategy?

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Q: What is the difference between a merger and an acquisition? How

What is the difference between a merger and an acquisition? How can acquisitions help firms fill their needs?

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Q: Who reads the business plan and what are they looking for when

Who reads the business plan and what are they looking for when doing so?

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Q: What is the purpose of a licensing agreement? What is attractive

What is the purpose of a licensing agreement? What is attractive about a licensing agreement for those leading an entrepreneurial venture?

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Q: What is the difference between primary research and secondary research?

What is the difference between primary research and secondary research?

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Q: What are the differences between an opportunity and an idea and why

What are the differences between an opportunity and an idea and why are those differences important for entrepreneurs?

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