Inside The entrepreneurial mind

Question 1

Creativity

Answer 1

The ability to develop new ideas and to discover new ways of looking at problems and opportunities (thinking new things)

Question 2

Innovation

Answer 2

The ability to apply creative solutions to problems and opportunities to enhance or to enrich people’s lives
(doing new things)

Question 3

Patent

Answer 3

a grant from the patent and trademark office to the inventor

giving exclusive right to make, use or sell the invention for 20 years

from the date of filing patent application

Question 4

Trademark

Answer 4

any distinctive word, symbol, design, name, logo, slogan or trade dress a company uses to identify the origin of a product/ to distinguish it from other goods in the market.

Question 5

Copyright

Answer 5

an exclusive right that protects the creators of original works of authorship such as literary, dramatic, musical and artistic works