As markets get extremely competitive and consumers difficult targets to convert, many a company is tempted consciously or unconsciously to have trade practices which give them a natural advantage over its competitors.
As the Internet continues its remarkable expansion, its capacity to disseminate information, knowledge and content has propelled the intellectual property system to the center of an unending debate over the future shape of the online world.
Ramesh Vasudevan was a seriously worried man. His meeting with the Labour Inspector had not gone well. The man had been belligerent, not listening to reason. How would it be physically possible to deploy enough people to check all 25 units, that too within a week? An impossible task.
In Bangalore, with its pre-eminence of IT companies and IT-enabled service providers, the setting up of the facility involves first applying to be a STP (Software Technology Park) unit to take advantage of the various facilities and benefits provided by the government.
It is a topic over which not just companies but even entire nations fight. And with globalization becoming an irreversible reality to contend with protecting IPR is top priority for any knowsledge-driven organization.
To be frank, as an entrepreneur, legal formalities and issues would always be a lower priority than building the organization, obtaining capital and business development. But it would be my personal advice that though these are of far greater concern to you as the
For every developing country, there is a need for a sustained dynamic flow of technology. But if the technology transferred is indiscriminate and inappropriate, it might work against the objectives and priorities of the development of the country.
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