Entrepreneurship: Theory, Process, Practice
1. What stood out to me the most was the section on avoiding trademark pitfalls. It let's the reader know the importance of doing your research to know that you will not be taking someone else's idea such as trusting your attorney and taking a coined and fanciful name instead of something unique int he beginning of a venture.
2. When the author states that the first to invent as the right tot he patent and what happens to the invention I begin to wonder, what if they are not the first to invent something but simply the first to claim the right to the invention?
3. How would you figure to start your own company? Sole proprietorship, partnership, etc.?
If you were about to go bankrupt, how would you not panic in this situation?
These questions are just for my curiosity about you.
4. What I would disagree with is giving the assets away after bankruptcy to someone the business doesn't know but the court appoints. Sure, this is so that the company doesn't get some of their assets back illegally but sometimes a business should appoint someone and the bank would go through a series of tests to make sure they are indeed trustworthy.
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