Question
Mom and Pop stores are the small stores run by individuals in the nearby locality to cater to daily needs of the consumers staying in
Mom and Pop stores are the small stores run by individuals in the nearby locality to cater to daily needs of the consumers staying in the vicinity. They offer selected items and are not at all organized. The size of the store would not be very big and depends on the land available to the owner. They wouldnt offer high-end products. The main purpose of Intellectual Property law is to encourage the creation of a wide variety of intellectual goods. Granted that the IP can be valued, how can such value be positively utilised for capital growth, in terms of using it as collateral for securing loan in non-developed economy? (10 marks)
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