Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You and three students are part of a group in an entry level innovation class. One of the group members has been fermenting a business

You and three students are part of a group in an entry level innovation class. One of the group members has been fermenting a business idea for years. She floats that idea to the group as a good topic for the group's quarter project. The idea is developed and refined by others in the group over the course of the quarter. At the end of the quarter, the students present their idea to a blue-ribbon panel of investors who unanimously approve of their idea and wish to fund it. The student with the original idea has secretly formed a company mid-quarter and transferred the intellectual property rights behind the idea to her own company. When the students toast their champagne glasses at the end of the quarter and start talking about forming a new company and leaving the school to run it, the original idea holder says "not so fast- that was my idea, my company owns it and you all have no rights to it."

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Law Of Journalism And Mass Communication

Authors: Susan D. Ross, Amy Reynolds, Robert E. Trager

7th Edition

1544377584, 978-1544377582

More Books

Students also viewed these Law questions

Question

1. Too understand personal motivation.

Answered: 1 week ago