Why Intellectual Property Is So Important
To Big Business
It has the protection and acceptance of industries, and industrial practices and customs.
It has become so well protected only because it makes big money for big business
It provides the most superior profits in modern business
It is the most powerful source of true residual income in modern business
It has become so powerful and important because without it businesses cannot grow big.
The processes which comprise intellectual properties are necessary for big business growth and development. Big business cannot prosper and develop to any significant size without the processes of Intellectual Properties at work. Without the presence of legally and economically protected Intellectual Properties in the marketplace the contractual activity, deal making, and collaborations necessary for big business operations cannot take place.
As businesses get bigger Intellectual Property gets more important
Businesses get big by buying out others and by cutting deals for exclusive licenses and franchises. All of these activities are primarily intellectual property acquisition activities
As businesses become more global intellectual property becomes more important
As intellectual property becomes more prevalent and valuable the ratio of profit to capitalization increases and businesses become more profitable.
As technology advances intellectual property becomes more prominent and important