Berry Cherry, Inc., a privately held corporation with significant cash reserves. Key terms of the joint venture arrangement are as follows: • Apple contributed intellectual property with a fair value of $60 million, plus cash of $20 million, in return for 80% of the common stock of the joint venture. The contributed intellectual property consisted of certain license agreements acquired by Apple in a business combination during fiscal year 2003. The license agreements had been recorded at fair value
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physical property such as houses, jewelry, cars or acquire money, they own that property in perpetuity, and can bequeath it to their. We would be outraged if someone said that other people could have "fair use" of our homes or that our right to bequeath our family heirlooms would expire 70 years after our death. Yet, for the owners and creators of intellectual property, the notions of "fair use" and copyright expiration both limit the rights of creators to dispose of their own intellectual creations
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available software, has become a global issue. In fact, almost one-third of all installed software is pirated (Jansma, 2004). Software pirates are responsible for over $10 billion in lost revenue (Hess, 2003). Each industry must protect its own intellectual property. The three most important aspects in helping to resolve piracy is knowing the processes and techniques in capturing piracy, identifying the motivating factors, and prevention. How do organizations capture pirates? There are three processes
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an effective way to report intellectual capital Summary In today’s knowledge economy, intellectual capital has been playing an increasingly significant role in creating corporate sustainable competitive advantages and becomes instrumental in determining the enterprise value. Though measuring the value of intellectual capital is difficult, with the emerging of intellectual capital valuation models, a number of leading companies have decided to make additional intellectual capital disclosure. This
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Apple, Inc. Berry, Inc. • • • Contributes intellectual property with a fair value of $60 million and $20 million in cash Receives 80% of common stock 50% vote • • Contributes $20 million Receives 20% of common stock and right to supply all software and hardware used in the manufacturing process Cherry LLC (Joint Venture) Key terms of the joint venture arrangement are as follows: • Apple contributed intellectual property with a fair value of $60 million, plus cash of $20 million
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Scenario: BUGusa, Inc. Learning Team D LAW/421 March 31, 2014 Tom Poulton The United States legal system provides certain rights and protections for intellectual property, which could be useful to BUGusa, Inc. The kind of property that results from mental labor are considered intellectual property. “Rights and protections for owners of intellectual property are based on federal patent, trademark and copyright laws and state trade secret laws” (AIPLA.org, Para. 1). Patents protect inventions
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Information Systems Professional What it is to be an information systems professional? In today’s constantly evolving world, the term “information systems professional” is always adapting to the relevant changes in technology and society. The term encompasses many different jobs such as CIO, Systems manager to Network manager, all with varying levels of responsibilities and task revolving around information. To be an information systems professional, one needs to be an informed user, they need
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Contract Creation and Management Assignment Paper George Van Hoosier LAW 531 June 26, 2012 Dr. Beverly Spencer Contract Creation and Management The scenario presented is on contractual conflicts. In summary, a software development company and a hotel company entered into a business partnership to develop an electronic reservation system for the hotel company. The groundwork of the plan changed and obfuscated what was expected by both parties. These changes were not communicated well enough
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outsourcing HRIS on corporate culture. In this paper, we hypothesize that Outsourcing corporate HRIS is less desirable (1) if the quality of product and customer service matters for a firm, (2) if an organization is concerned with a loss of intellectual property, and (3) if an organization requires maintenance of a distinctive, human resource utility activity that is capable of meeting the challenges of fast changing customer demands in a dynamic business environment. In addition, this paper argues
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Apple earned are from two parts: tangible assets sells such as Iphone, Ipad, and Imac, and intangible property rights which are more and more valuable in today economy. For the tangible assets, it is difficult to avoiding the taxes, but for the intangible property rights is possible to create a tax-shield. Apple’s tax avoid strategy has two parts: First, the company shift the intellectual property profit to an
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