To sustain and increase competitiveness in the global market, the importance of.
creating and protecting intellectual property can not be overemphasized. It is the basis of
all new products and services, a means of protecting innovation, and a source
of revenue through licensing.
The innovation process is the rhythm of Idea Generation, Imagination, Brain Storming, Idea Management and experimentation.
Once it is proved and ready for commercialization, it can generate extraordinary revenue for the participating party before the competition seeps in and diminishes the floods of profits into a regular stream.
Therefore, since all ideas are dreams before they are implemented and sometimes subjects of laughter to few, it only people who believe that gift of God does not know discrimination, go up to the levels of risks and undertake experimentations. Such are the people who usually end up with great rewards and leave others who miss the bus with regret.