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Intellectual Property in Healthcare - Essay Example

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Summary
The essay "Intellectual Property in Healthcare" focuses on the critical analysis of intellectual property in healthcare. In the present electronic world, intellectual property in an organization has become a significant asset since time, money is saved and frustration and litigation are eluded…
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Intellectual Property in Healthcare
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Extract of sample "Intellectual Property in Healthcare"

There have been recent cases, which have been litigated by an IP group relating to patent infringement in areas such as telecommunication, optical equipment, biotechnology and manufacturing. Moreover, there are trademarks and trade dress infringement in the field of health care services, and the intellectual property group deals with claims that are made by organizations for the liability that are arising out of the intellectual property.

Various business models are becoming powerful, though others are not effective thus, a manager should focus on models that develop customer loyalty or barrier to entry. Therefore, the things that are renewed automatically offer a way of facilitating customer loyalty, whereby they work to alter the providers. In this case, managers are motivated to manage their accounts online thus difficult to discontinue the relationship with the customers. Nevertheless, these unique models have become a source of barrier for nontraditional entry, due to their high level of sophistication. In the current business environment, organizations are seeking to develop a unique business model to mitigate the threat of entry by others to reduce competition.

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(“Health care Essay Example | Topics and Well Written Essays - 250 words - 12”, n.d.)
Health care Essay Example | Topics and Well Written Essays - 250 words - 12. Retrieved from https://studentshare.org/business/1607407-health-care
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Health Care Essay Example | Topics and Well Written Essays - 250 Words - 12. https://studentshare.org/business/1607407-health-care.
“Health Care Essay Example | Topics and Well Written Essays - 250 Words - 12”, n.d. https://studentshare.org/business/1607407-health-care.
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