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Entrepreneurship - Coggle Diagram

- - - - Creating of jobs within the community
      - Promoting of economic growth by increasing product production
      - Creating competition which may can lead to lower prices and better products
      - Creating opportunities for others
      - Creating new ventures that provide new or improved products and services
      - Insipring others to follow in their footsteps
- - - - Trademarks
        
        Protects a word, phrase, symbol and/or design that identifies and distinguishes the source of the goods of one party from those of others. The mark must be distinctive. Gives one the right to use the mark and to prevent others from using similar marks.
        
        TM symbol - claims ownsership rights in the mark
        
        R symbol - registered trademark
        
        Lasts for as long as the mark is used in commerce
      - Patents
        
        Protects inventions and innovations that are new, useful and nonobvious such as processes, machines and compositions. Gives one the right to prevent others from making, selling, using or importing the patented invention.
        
        Lasts 20 years
      - Copyright
        
        Protects original and creative works that are fixed in a tangible medium. Gives one the right to control the reproduction, making of derivative works, distribution, pubilc performances and display of the copyrighted works
        
        Canadians by law hold the copyright to any original work they created unless they were hired or employed to create it
        
        Lasts author's life plus 70 years
- - - - Opportunity - need, want or problem that can be satisfied or solved
      - Idea - thought or suggestion that could materialize into something
      - Motivation for entrepreneurs include personal satisfaction, financial rewards, the idea of helping other and the freedom of being your own boss