Friday, December 18, 2009

Licensing without Payment

We learnt in marketing that there are many different types of brand sponsorship strategies. A manufacturer can create its own brand or it can sell its product to a reseller who may resell that product under its own brand name. A manufacturer can also license a brand name when for example it wants to incorporate a technology which was introduced by another business. However, sometimes a manufacturer may incorporate the features or the technology of another product without licensing or paying for that technology. This may create legal problems for the company. For example, recently a district court in the Hague ruled that Samsung's LCD panels infringed Sharp's patent used to improve the response speeds of LCD panels. In the article which I read its mentioned how businesses cope when they get stuck in such a problem. Guys, check out the article and do give feedback.

http://www.forbes.com/feeds/reuters/2009/12/18/2009-12-18T082031Z_01_TOE5BH07Y_RTRIDST_0_SHARP-SAMSUNG.html

1 comments:

Azeem Akhtar said...

it was good hassan because identifying the problems which we are facing in business is necessary, if we not do this than we are getting loss instead of profit.