1794‚ Eli Whitney invented the cotton gin. Cotton gin is a machine that speeds up the process of removing seeds from cotton. In the mid 19th century‚ cotton had become America’s leading export. The cotton gin had made Eli little money due to the patent. It also had a justification for southerners to expand slavery even though Americans supported its abolition. Eli Whitney was born on December 8‚ 1765‚ in Wesborough‚ Mssachusetts. Just like Eli‚ his father was a farmer and a talented mechanic
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innovations create a temporary advantage over competition. Patents will run out over 17 years at the optimum level of proprietary protection‚ with copies of the technology usually not falling under the protections of the patent to the point that the innovation cannot be used by others. Competitors often can take the new tech and innovate‚ fixing problems and coming out with a unique and improved version of the original concept‚ side-stepping patents and taking advantage of a market hungry for more. Imitation
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an incentive to invest and an incentive to trade. The incentive to invest stemmed from the establishment of the patent system. The patent system provided the incentive for investors to invest in inventors to invent as the patent system protected inventions‚ thus allowing both parties to capture a larger share of the benefits of the invention and by extension the investment. The patent system enabled the elevation of the private rate of return closer to the social rate and acted as a set of systematic
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from Monsanto must sign a contract not to save or sell the seeds from their harvest‚[3] which preempts the need for a "terminator gene". The Delta and Pine Land Company‚ which had performed greenhouse tests of Terminator seeds and owned a Canadian patent on Terminator granted on October 11 2005‚ intended to commercialize the technology‚[4] but D&PL was acquired by Monsanto in 2007.[5] The technology was discussed during the 8th Conference of the Parties to the United Nations Convention on Biological
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POSITIONING The diagram above shows that LG’s positioning depends on three relationships which are: I) The relationship between LG and the customers. II) The relationship between the customers and LG’s competitors and III) The relationship between LG and competitors Both LG and its competitors try to convince customers on why (price‚ quality‚ fit for purpose‚ track record‚ novelty‚ etc) they should buy their respective products and not the other. This persuasions and the customers experience
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harvest success but in the long run becomes the perfect representation to be the most difficult business models for which to provide any intellectual property protection for its many competitors that had almost copy its original tv series. The patents pending mainly on the camera and graphics presentation of mainly World Poker Tour on another series on ESPN entitled World Series of Poker Circuit but resolution on the case have not been solved. In its currents state‚ which is in recovery on
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Nucleon Inc. Nucleon‚ Inc. is one of over 200 firms founded since the 1970s which are focused on developing biotechnological pharmaceuticals products. Biotechnology came about with the development in advances of molecular biology and immunology‚ hence the new field of R&D is called “biotechnology”. Nucleons first product is CRP-1 (cell regulation ein-1) and after several years of experimentation the time was ready for human clinical trials‚ which was not going to be an easy hurdle to get over
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Genentech: After the Acquisition by Roche Strategic Management June 2014 Introduction Roche completed the acquisition of Genentech in 2009 for a total of $46.8 Billion dollars. Genentech was initially concerned about funding for early drug discovery with the acquisition taking place. Genentech was previously able to spend money on research and development for new drug discovery and now that Roche is fully in the picture‚ they were concerned that Roche may want to reduce funding for
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nervous systems. This is about to change. NovoSeed technology goal is to develop revolutionary domestic devices that eliminate parasites within seconds using acoustic field. Its Patent application (PCT) on its first three market entries (head lice‚ fleas/ticks and bedbugs) has already been accomplished using a top patent law firm‚ Ehrlich & Fenster. Lab experiments are performed by Kosta Y. Mumcuoglu‚ PhD. NovoSeed’ lab experiments show over 97% mortality rates with exposure time of 1 second
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Physical resources: These activities need to be maintained in order for every company to carry out its activity and these activities are as follows: Building and facilities Materials and waste Plant and machinery Equipment including ICT At the same time management of physical resources include insurance and security to keep these resources safe. Building facilities: Building facilities include things such as: Premises‚ Location- it doesn’t matter if it is a factory or even a small shop‚
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