MORALES, KATHLYN KYLE M. AUGUST 23, 2021 BSME 2A GUIZ IN TECHNOPRENEURSHIP 101 DEFINE AND DISCUSS WHAT IS INTELLECTUAL PROPERTY RIGHTS, ITS IMPORTANCE ANO WHAT LAW GOVERNS THIS ACT. Wleriectual property rights are the rights given to persone over the creations of theic winds. Thise, oxy legal rights shat provide creators protection for original works, iayentions ae The appearance of products , artisho works, ueientific. developments, and vo on. Iwraleclual property pretedion is entical 40 fostemng innovation. Without protection of idea, businesses ond individuak would neh reap ‘he ull benefits of thei inventions aed would ‘ocus ‘ext on esearch and devtopment. The, law : Repub: het No. £6243 Can Act ecrbiog The totellectoml Properly Code, and Establishing the Intellectual raperty Office, Reviding for {M6 gowers and Functionc, and tor Otter Turpsec] atterwice known as the intelectual Property (ode of the Philippines governs this act- \F You WERE TO iwoouce A NEW PRODUCT IN THE MARKET, WHAT KING OF PRODUCT You WILL Going 70 INTRODUCE ANP WHY. WRITE UTERS STRATEGIES YOU WILL APPLY MN ABIE FoR You 10 SuccEED- 1 do, tnow if this ic new but | want to intwduce a shield thot can Cover 0 Whole property or houte- vince We ar, still in the midsé of pandemic sous by covidI9 and going aut is a teal thing nowadays, Iv thinking of a shield that Is automated which ts shaped like an Igloo. Maybe | can upgrade, Wig product by giving it Somme featurs like “Poon ond dirt free, or something tat Could block extessne UV light. H could alo be a remote, controlled if gat wars to fd it out lik when Its raining Jo it tould alco give benefits fy Yow plants and > on. for the eps of couae, planning and designing then mayb listing of the materials necded, budgeting, then ‘Acting and Cverimendag OF courte, thts 1c Mol On easy prcluct s0 collaborating I< also needed. Then after. presenting 4o the Cacwd and lattly, implementing.3. DISCUSS WHY BASIc ACCOUNTANCY OR KNOWLEDGE IN ACCOUNTING IS NEEDED FOR A FUTURE TECHNOPRENEUR LIKE You. WHAT PO You 7HINK ARE THE ADVANTAGH AND DISADVANTAGES OF ‘THESE. Accounting plays @ vital mole in running a business because it helps your track income and evpendivures, ensure ehatubory compliance, and provide, investors, manage met and government with quantitative financial iMformation whih can be used in maki business decisions. Beyond being necescary for 4 ompanys immediate fidancal heake, Accounting practices are important vbrategic fools for entreprencars hy allow mall businesses managers to make future prjections in real time- Budgeting , Weokkeeping , and financial Vabitiies. There tactics also generate prof of a business! profativitity WHAT ARE THE TYPES OF CompETITORS YOU WILL GoiuG 70 ENCOUNTER IN THE MARKET! HOW YOU Wi Gon TO DEAL EACH OF THEM? There re five types Of competitors which is consists of dinch, potential, indictct, fiture, and replacement. Virect competitors who are dircctly vying for your customers. Potential competitors who do the same thing that You and the target the vem Kinds Of customers but Grek selling in your market eq and aKnit likey fo do Jo-Ingirect cempetifors who aie in the same category, but Jel differnt prodads and verter than you. Future Competitos who are lik, Polental competitors , but they re much mon Ytody and key fo enter your market: And lastly, reptaement competitors are hose Who provide an alternate te thy sewlas thal you offer that wl the came fain prints. There ore difictont ways to deal with thay competitors vuchac in altel competion, He your relationship management play a major oe in waiag stomers and akieg away marta wha. TT A customer gets eveellent servi from Your orgarination , he WV unlikely fo move fo a Competitors. Likewise, with Indirce campetifor, here your’ strategy should be to gie 0 Hers and conduct promotions Jo that the customers doer nok ignore, youMORALES, KATHLYN KYLE M. AUGUST 23, 2021 BSME 24 5 CASE STUOY : ENGINEER BEING A TECHMOPRENEUR |. lehoduption Tethndlogy entrtprenuurcnie is the machine thal drove tne world into the new Conomy Whee Individuals ar Enon to chum eut breakthmugh innovations in their own backyards, Jeamiessly calleborafe with coleagues located at the ster end of the gkbe, and make speedy market intnductions minus thy slow and clumy dedisione prowstes ypicad of old Word corperagime - Bat ten as hundreds upon thewcands ef Hchnapre “nears delivers breakthrough ideas and innovations everyday, mast of then fing that TE ie not easy tp do another platforme such af Micntott ard Google. Engineering utdents an, exallent Sourns of ldtas for 4eChnological Vertaies. In order fo effeetinky propore, sthidents for these, aterccl working emionmental yacich erteprenearshie eduiation ned t be jrplementa thwughoot te entire education sycten, Emitepencars hip education refers fo tte ecuvation for entre prenewal attitudes and chile of utudents . Given the potertial value of enttipenamshi p education tp engineers, shit paper wal invectgate, & brad away of aftfules toward, and dUtcomes of, enfreprenethip education on engineering utndents in an efford fo understand the characfenttics of tngineesing vhidens parsidpating in enfreprneacchi p pragearnc, The extent tb whic, enireprenearship play’ @ mile in their academic. programy and carter aupivapions, and He iimpag of entteprmarchip education on their enfrupreneuial self - ef fidauy- 2. Purpose and ryearth questions The rucacn quesfione ate Wha} ane tte charadenictice of emginecing ctiden and parvidpating in enfruprenenthie programs «To what extent dou enfteprencarthip plagr a rly In engineeting sJudenieAcademie programe. * To via exjon} does eotreprencarchiy play A mle in engineering wtdent carcer pli + Wha} ame the enginecing vtudert perteption of Hair ceatteprenesir-chip “tehakd, abilities. 3° Methods A rsearcn paper entitled “Engineeting Students and Entreptencarchip Eduonth Involvement, Atitudes and Outcomes” was the batis of this paper were On atecmeny Incjrumend War Aatloped by fhe authors adminjsfacd a university that hare entrprenearship courte araijable fo engineering “Tedtenis. -foreugh surrys. Regul CSumerang> Venfor- lol engineering vfudenti show considerable inkret in fearning more about cotreprenearchip , hover mes do nef expat to pure ertreprenerial carers.