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olchik [2.2K]
3 years ago
7

What is the intellectual property involved in Interact systems’ business model?

Business
1 answer:
slava [35]3 years ago
6 0

Answer:

Collaborative or cooperative intellectual property.

Explanation:

A strong Intellectual Property position "facilitates open collaboration when talking with partners about the technologies that need to be developed. In other sectors manufacturing technology can be shared with contract manufacturers, others may cross licence to access broader portfolios and indeed many companies may pool and share their IP in order to develop interoperability standards."

Reference: Duncan, “Intellectual Property and the Business Model.” Ipstrategy.com, 28 Nov. 2012

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Explanation:

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Net fixed Asset = Total Asset - Current Asset

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