Entrepreneurship and IP Strategy Nptel Week 1 Answers
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Entrepreneurship and IP Strategy Nptel Week 1 Answers (July-Dec 2025)
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Question 1. Which type of IP is associated with the success and net worth of JK Rowling through her work on Harry Potter?
a) Trademark
b) Industrial Design
c) Copyright
d) Patent
Question 2. Which of the following is considered an intangible asset protected by Intellectual Property rights?
a) Machinery
b) Copyrights
c) Inventory
d) Real estate
Question 3. Why is registration important for most of the Intellectual Property rights?
a) It automatically grants worldwide protection
b) It makes the IP commercially valuable
c) It provides legal proof of ownership and protects against infringements
d) It reduces the cost of IP management
Question 4. Which international treaty, established in 1883, plays a crucial role in protecting industrial property rights globally?
a) TRIPS Agreement
b) Berne Convention
c) Paris Convention
d) Madrid Protocol
Question 5. What is one of the primary methods for an entrepreneur to protect their technological innovations?
a) Licenses
b) Patents
c) Market analysis
d) Customer feedback
Question 6. According to Richard Thoman, former CEO of Xerox Corporation, what is increasingly crucial for companies to succeed?
a) Aggressive marketing strategies
b) Outsourcing production
c) Management of intellectual property
d) Diversifying product offerings
These are Entrepreneurship and IP Strategy Nptel Week 1 Answers
Question 7. WIPO stands for?
a) World intellectual property operator
b) World intellectual person organization
c) World intellectual property organization
d) Wholesome intangible property operations
Question 8. Which of the following intellectual property rights was initially pivotal in Google’s journey and was assigned to Stanford University?
a) Trademark
b) Copyright
c) Industrial Design
d) Patent
Question 9. Following are the types of property:
a) Tangible
b) Intangible
c) Intellectual
d) All of the above
Question 10. Entrepreneur may be?
a) A sole trader
b) A partnership which involves two or more people
c) A company, a legal entity
d) All of the above
These are Entrepreneurship and IP Strategy Nptel Week 1 Answers