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Carl Osunde
Carl Osunde
Dean of Studies, Onitsha Business School,
Anambra State
Nigeria
Publications
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Research Article
Intellectual Property Rights in Nigerian Business Environment: Challenges and Prospects
Author(s): Carl OsundeCarl Osunde
The intellectual property rights system is key to protect assets of micro, small and medium enterprises. Protecting an invention is one of the key roles that intellectual property rights plays in innovative business ventures. To remain ahead of competitors, entrepreneurs must either continuously introduce innovative products and services or make improvements to the quality of existing products and services. The author of this research study found out that intellectual property rights protect innovations, encourage research and development (R&D) and boost profits of micro, small and medium enterprises, however, there are numerous challenges in the enforcement of intellectual property rights such as counterfeit products which are abundant in the Nigerian market. .. View More»
DOI: 10.4172/2375-4516.100070