Business Law For The Entrepreneur And Manager Pdf |top| -
| Type | Protects | Duration | Critical Action for Entrepreneurs | | :--- | :--- | :--- | :--- | | | Inventions, processes, designs | 20 years from filing | File provisional patent before any public disclosure or sale. | | Trademarks | Brand names, logos, slogans | Renewable indefinitely | Use in commerce first, then register. Monitor for genericide (e.g., “Xerox” as a verb). | | Copyrights | Original expression (code, writing, art) | Life of author + 70 years | Use work-for-hire agreements with contractors. Register before suing. | | Trade Secrets | Formulas, customer lists, methods | Potentially forever | Must have reasonable secrecy measures (NDAs, access logs, exit protocols). |
Beyond Compliance: Using Legal Frameworks to Create Value, Mitigate Risk, and Build a Legacy Introduction: The Law as a Competitive Advantage Many entrepreneurs view the law as a restrictive anchor—a collection of “thou shalt nots” that stifles innovation and slows growth. This is a costly misconception. For the savvy entrepreneur and the disciplined manager, business law is not a constraint but a strategic compass. It provides the rules of the road, the mechanisms for value capture, and the shields against existential threats. business law for the entrepreneur and manager pdf
If two founders build software together without an agreement, they are joint owners of the copyright. Under US law, each joint owner can grant non-exclusive licenses to third parties without the other’s consent—and without sharing royalties. | Type | Protects | Duration | Critical
The Strategic Compass: Mastering Business Law for Entrepreneurial Resilience and Managerial Excellence | | Copyrights | Original expression (code, writing,