I am feeling puzzled about intangible asset being patented/copyrighted/Trademarked/being the trade-secret. If it is intangible, than how do people even file these applications?
Intangle assets can include ideas, procedures, way of doing something,etc. So if you have idea of making spacecar and found a procedure how to make it , you can now save it from being copied by other person.Now you can be profited from it as long as you want and will become the first person to do it
"The patent system is a quid pro quo between the state and a person seeking a patent on an invention" in light of given statement what contentions would we advance in favour of patent law? Please Answer
Dont worry the country will still be safe from foreigner invaders TGB the way i mean it). We got the military, out there doing there thing... (maybe its a good time to bring back the draft as i mentioned before... save some lives as a government system)...