There are so many businesses emerging, with an aim of paving through the current markets in a better way than others. As businesses develop, competition becomes inescapable, with the newly established trying to emulate the already established businesses. New business may like to copy ideas from other companies, hence calling for the need for the intellectual property. Coca-Cola Company was invented in 1886, and has been producing world’s all-time number one soft drinks, but no one knows the formula they use to make their products. Their patent is well protected from outsiders who may want to emulate their ...
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