Impact of GDP on the automotive industry. The Federal Reserve ’s primary goal is sustained growth of the economy with full employment and stable prices. Real GDP is the most comprehensive measure of the performance of the U.S. economy. By monitoring trends in the overall growth rate as well as the unemployment rate and the rate of inflation‚ policy makers are able to assess whether the current stance of monetary policy is consistent with that primary goal. The automobile industry is one of the largest
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An executive summary for managers and executive readers can be found at the end of this article Commercializing intellectual property: a university-industry alliance for new product development Cyril M. Logar Professor of Marketing‚ West Virginia University‚ Morgantown‚ West Virginia‚ USA Thomas G. Ponzurick John R. Spears Professor of Marketing‚ Department of Marketing‚ West Virginia University‚ Morgantown‚ West Virginia‚ USA Research Associate‚ West Virginia University‚ Morgantown‚ West
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2). How do IPRs work? Intellectual Property Rights are often seen as “privileges” that one owns for recognition in the case where an owner needs to control and count the costs during a some sort of process‚ such as research and innovation‚ which will help him maintain and hold the incentives for more innovation‚ as its positive to know how the studies are following. These rights allow the owner an exclusive for a limited period of time‚ and during this period the owner can increase the cost of the
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Aleksander Małecki nr 110560 Ways to protect intellectual property on the Internet The Internet is a serious attempt to traditional protection of intellectual property such as copyrights and patents. Some forms of information‚ when made accessible on the Internet‚ are easily copied. Because the costs of copying are low and because copying is often anonymous‚ publishers have often responded with more aggressive enforcement of existing intellectual property rights and with calls for extensions of those
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LATEST TECHNOLOGY IN THE AUTOMOTIVE INDUSTRY INTRODUCTION: - Technology is the branch of knowledge that deals with the creation and use of technical means and their interrelation with life‚ society and the environment. In the technical field‚ technology keep on having changes and variations because each and every day a new advancement is done to help people and make their life more easy by providing them by new and latest technology and resources in the market. BEGINNING: - Technology is widely
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INTRODUCTION ABOUT AUTOMOBILES INDUSTRY: History and development of Automobiles also marks the dynamism in technological growth men have achieved. From the days of horseless carriages to the modern-age self-guided automobiles that are designed meticulously using cutting-edge technology‚ we have certainly-traveled too far. Automobile Industry in India is still in its infancy but growing rapidly. The opportunities in the automobile industry in India are attracting big names
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Aspects of Intellectual property Law/ 421 March 12‚ 2013 E-commerce and Aspects of Intellectual property Nowadays‚ e-commerce is a type of business which is utilized all around the world. It is crucial to be familiar with certain legal intellectual property rules and regulations. These rules include: privacy‚ ethics and security. The article “Management of Intellectual property rights” by Josephine Chinyang Lang reviews the growing global trends in intellectual property
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INTRODUCTION Intellectual property rights (IPR) have been defined as ideas‚ inventions‚ and creative expressions‚ which are‚ bestowed the status of property on account of public willingness. Exclusive rights are provided to the inventors or creators of that property‚ in order to enable them to reap commercial benefits from their creative efforts or reputation. Along with Patents‚ Trademarks and Copyrights owing vital importance under the IP Law‚ Industrial Designs have also become fundamentally
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About the Company An Indian automotive company produces some of the engines it integrates inside its cars. However‚ some of the engines present overheating problems due to jammings in the water-jacket-passage. This instantly became a top priority for senior management. They realized
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reduction in prices of goods and an increasing blurred national identity for products and services. This brings us to look at one aspect of globalization that has greatly influenced every aspect of the word and human life today i.e. the global automotive industry. The invention of cars has made life easy for humans today. The benefits gotten from this invention are too numerous to mention. Countries go into partnership with other
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