To Whome do we belong Essay Example | Topics and Well Written Essays - 1000 words

To Whome do we belong - Essay Example nts and tragedies forces an individual to change his true self and wipes away everything he believes in forcing him to acquire a new identity in an unimaginable way. The work of Victor E. Frankl, Man’s Search for Meaning, will be used as a reference for the purpose of this paper. Obi was an ordinary Nigerian man, of the Igbo tribe, who was brought up in the best of moral character within the conservative Nigerian cultural setting. His problems began when he undertook a scholarship to further his education in Britain. The Western culture in Britain did not hesitate to influence him to a multi-cultured person, obviously bringing in conflict. In Britain, it was alright to take bribes, to marry a person from any tribe or race and to have sexual relations with them even before marriage. Actually, it was alright to do a lot of things. End of four years of study in Britain and Obi is ready to return to home sweet home. The only problem is the people back home are still the same as he left them four years ago: the same culture, same mind set, same believes, same everything. They do not allow marriage to certain casts (Obi’s girlfriend was from a cast that was considered an outcast, Osu) leaving him with no choice but to perform an abortion for the girl who was carrying his child. Bribery was an abomination and unheard of especially from a son of the village whom the community had made a collection for him to take higher studies so as to come back and help the village people maneuver around the new white-dominated Nigeria. Within a few years, he had changed a lot, but he was the one who changed not the world and now he was back to reality: he has roots as a traditional Nigerian man and uprooting them was hard if not impossible. He had no choice but to adapt to his old ways of life. Within no time, Ibo finds himself a prisoner of his multiple identity in a conflict that would later tear down his whole life; career wise, socially and morally, eventually turning him

Intellectual Property Rights Essay Example | Topics and Well Written Essays - 1250 words - 1

Intellectual Property Rights - Essay Example (Drucker). Again, other eminent writers also speak about entrepreneurship, in terms of its wealth creation abilities. Through innovation, the business creates demand for its products or services, which meets customer or market acceptance and satisfaction. This market acceptance is translated into greater demand for goods, which in turn, over a period of time, results in profits for the entrepreneurs. Thus, as the noted economist, Joseph Schumpeter has said, "from a steady economy, a technical innovation by a single entrepreneur opens up new profitable avenues - therefore, more entrepreneurs are induced to innovate, thereby increasing the profits in the economy as a whole, thereby driving growth." (After Marx: Structural Change and Steady States). This process has to be strategically dealt with, since it has serious market ramifications and could affect market positioning of competitive products, and is of importance in the ultimate success or failure of the product. The legal aspects notwithstanding, it is imperative that innovation to market creates value addition to products/services and delivers aspects or improvements on contemporary products or services. This is important, since new product should justify their position in the market and should consider issues and provide solutions that may not have been addressed by other products. Nobel laureate in economics, Ronald Coase had said that the boundaries of the firm are defined by its transaction costs. It sometimes happens that abstruse information contributes to high track costs, which in turn, leads in many instances of vertically integration. (Davenport et al 2006). Question 2: What forms of protection are available for innovation through Intellectual Property Rights. The forms of protection that are available through intellectual property Rights is in terms of the fact that the patentee enjoys exclusive rights over the patented product(s) and nobody else could seek use of such products without the prior consent of the registered patentee for a period of 20 years. However, the discretion for granting of patent lies with the Patent Office, and it is quite likely that grant of the patent could be delayed , or refused, if the concerned department is of the considered opinion that it could be detrimental to competitive products or could be perceived to enhance monopolistic trends. Financial implications of Patent registry: It needs to be said that patent registration is a financially challenging one, especially in EU countries: (McGinness 2001, P.13). From the table above it is manifest that while the total costs (excluding renewals) are a whooping 49,900 in EU countries, it is just a modest 16,450 in