FREE IGNOU MIP 108 Solved Assignment 2024-25 | Management of IPRs

FREE IGNOU MIP 108 Solved Assignment 2024-25 | Management of IPRs Solved Assignment 2024-25: MIP 108 Solved Assignment 2024-25 , MIP 108 Assignment 2022 , FREE MIP 108 Assignment , IGNOU Assignment 2024-25- Gandhi National Open University had recently uploaded the assignments of this session for Management for the year 2024-25. Students are recommended to download their Assignments from this web page itself. MIP 108 Solved Assignment 2024-25 They don’t need to go anywhere else when everything regarding the Assignments are available during this text only.

FREE IGNOU MIP 108 Solved Assignment 2024-25 | Management of IPRs

University IGNOU (Indira Gandhi National Open University)
Code MIP 108
Title Management of IPRs
Language English
Session  July 2024-January 2025

 

MIP 108 Solved Assignment 2024-25 : for college kids – MIP 108 Management of IPRs Solved Assignment 2024-25, Students are advised that after successfully downloading their Assignments, you’ll find each and every course assignments of your downloaded. Candidates got to create separate assignment for the IGNOU Master Course, so as that it’s easy for Evaluators to ascertain your assignments.

IGNOU MIP 108 Question Paper

Q1. When should an Intellectual Property Audit be conducted? Discuss.

An Intellectual Property (IP) audit should ideally be conducted periodically throughout the lifecycle of a business, but there are several specific scenarios that might prompt such an audit:

Preparation for Funding or Investment: When seeking funding or investment, potential investors often scrutinize a company’s IP portfolio. Conducting an IP audit beforehand ensures that all IP assets are properly documented, valued, and protected.

Mergers and Acquisitions: Prior to mergers or acquisitions, both parties typically conduct IP due diligence to assess the value and risks associated with the target company’s IP assets. An IP audit can help identify any potential issues that need to be addressed before the deal is finalized.




Strategic Planning: As part of strategic planning, businesses should regularly review their IP assets to ensure alignment with their business objectives. This can help identify opportunities for further development or monetization of IP assets.

Risk Management: Businesses may conduct IP audits to assess the strength of their IP portfolio and identify any vulnerabilities or potential infringement risks. This allows them to take proactive measures to protect their IP rights and minimize risks.

Compliance Requirements: In some industries, such as pharmaceuticals and technology, compliance with IP regulations and standards is crucial. Regular IP audits can help ensure that the company remains compliant with relevant laws and regulations.

Litigation Preparedness: In anticipation of potential litigation or disputes involving IP rights, businesses may conduct IP audits to gather evidence and assess the strength of their IP claims.

Changes in Business Strategy: Significant changes in business strategy, such as entering new markets or launching new products, may warrant an IP audit to ensure that the company’s IP assets are adequately aligned with its new direction.

In summary, an IP audit should be conducted whenever there is a significant change in the business environment, strategy, or ownership, or on a periodic basis to ensure that the company’s IP assets are effectively managed and protected.

Q2. Define open source. Distinguish between freeware and free software.

Q3. What is Patent Mapping? Discuss the purpose and objectives of patent mapping.

Q4. Discuss the differences between utilitarianism and Non-utilitarianism theories of IPRs.

Q5. Explain the economic nature of IPR goods. Differentiate between invention and innovation.

Q6. Explain the situations where valuation of IP is important for an organisation.

Q7. What is a sole license and how it is different from exclusive license? Explain the types of intellectual property licenses?

Q8. Differentiate between income based, cost based and market based method for valuation of patents.

Q9. Write briefly various types of royalty payments.

Q10. Discuss the determinants of IP Strategy.

Q11. Distinguish between Open and Closed Standards.

Q12. Explain the different stages involved before the invention reaches from mind to patent



MIP 108 Management of IPRs Solved Assignment 2024-25: Those students who had successfully submitted their Assignments to their allocated study centres can now check their Assignment Status. Alongside assignment status, they will also checkout their assignment marks & result. All this is often available in a web mode. After submitting the assignment, you’ll check you IGNOU Assignment Status only after 3-4 weeks. it’d take 40 days to declare. MIP 108 Solved Assignment 2024-25

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Those students who had successfully submitted their Assignments to their allocated study centres can now check their Assignment Status. Along with assignment status, they can also checkout their assignment marks & result.  MIP 108 Solved Assignment 2024-25 All this is available in an online mode. After submitting the assignment, you can check you IGNOU Assignment Status only after 3-4 weeks. It might take 40 days to declare.

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