Verified Document

Intellectual Property For Pre-Owned Boat Sales Boat Discussion Chapter

Intellectual Property for Pre-Owned Boat Sales Boat World plans on selling pre-owned boats purchased in Florida to newly emerging yachting, jet-ski, and small boat enthusiasts in Saudi Arabia. Given the demand for cheaper alternatives to new jet skis, boats, and cruisers/yachts that exists in the country and the relative lack of any supplier or retailer meeting this demand, it is believed that such a business venture will be highly profitable. Unfortunately, it is of course impossible to claim any sort of exclusive right to this business plan; it is not unique enough in its design or any of its processes or products to warrant protection from national or international intellectual property laws. Once the business takes off, then, there are likely to be other competitors that spring up and follow suit, and so my company Boat World will need to find ways in which to differentiate itself to consumers, and to capitalize on and protect this differentiation.

There are a variety of intellectual property concerns that are applicable to Boat World, both to ensure that competitors don't take advantage of Boat World's identity and to improve Boat World's direct response from consumers and its market share. Creating a strong brand identity depends upon the development of...

Several different intellectual properties that could potentially be used to brand and market Boat World are discussed below, and their potential effects and benefits to the company are also assessed and described along with potential abuses by competitors.
The first piece of intellectual property that the company should obtain rights to is the name itself, Boat World, which is easily brandable as well as descriptive of what the company intends to do -- bring boats from (eventually) around the world so as to provide the highest quality and most affordable selection for the company's customers. By preventing others from impinging upon the rights to this company name, a brand can be built around this name that will make it a sought-out destination by those in the market for the company's products, and something that can easily be spread via word of mouth as well. The company's slogan, "Quality Pre-Owned Boats at an Unbeatable Price," should also be seen as a protected piece of intellectual property; though it…

Cite this Document:
Copy Bibliography Citation

Related Documents

Intellectual Property and Corporate Espionage Corporate Espionage
Words: 1944 Length: 6 Document Type: Essay

Intellectual Property and Corporate Espionage Corporate espionage is an illegal activity though it is on rise in industrial settings. Organizations consider it as one of the techniques to increase their market share and beat the competitor. Various laws have been approved to combat these practices on domestic and international levels. Violation of these acts can result is heavy fines and suspension from business sector. The advent of information technology has revolutionized the

Intellectual Property Rights Several Countries
Words: 1430 Length: 3 Document Type: Term Paper

However, the rights have some confinements incorporating the limitations and other considerations of issues like their contradiction with the fundamental rights and the codified provisions in force. The legal issues involving intellectual property rights have two dimensions. Firstly, those that provide exclusive rights only in the sphere of copying / reproduction of the item or act safeguarded and secondly, those which provide a right to deter others from doing

Intellectual Property Is the Concept
Words: 773 Length: 2 Document Type: Term Paper

The right to distribute is one thing, the right to the idea is another. It is quite possible that the Internet itself has spawned this idea of intellectual property as separate from tangible property in a quite real way. By viewing the Internet itself as basically intangible, in essence you cannot see the Internet only the result that is given on the screen, certainly has something to do with starting

Intellectual Property Report in an
Words: 910 Length: 2 Document Type: Term Paper

The WIPO Copyright Treaty significantly takes on some of the elements of the Berne Convention. For patens and other industrial property protection treaties, there are similar challenges in attempting to create a common denominator among the different national legislations. From this point-of-view, the Paris Convention takes over some of the roles fulfilled by some of the previously mentioned conventions. As a multilateral convention, it is important to create a minimum

Intellectual Property in Cyberspace the
Words: 1039 Length: 3 Document Type: Research Paper

In the contemporary cyber environment, innovation does not enhance success. For example, most patents such as songs and books receive low rewards. The author suggests that there is a need to make rules to enhance the bargain of intellectual property owners. Part 2 In the contemporary cyberspace and it world, the traditional copyright law has not been sufficient to protect intellectual property right in the face current development of computer and

Intellectual Property No, I Do
Words: 310 Length: 1 Document Type: Term Paper

In conclusion, I believe that the anti-circumvention provision is important since it makes sense to prevent unauthorized uses of the intellectual works of the owner who have put so much time and efforts in producing the work. If a person had a legitimate fair use reason for accessing a work, then nothing in the provision would prevent him or her from doing so. This provision is also important since it offers the

Sign Up for Unlimited Study Help

Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.

Get Started Now