Discuss the three main types of intellectual capitalSolution

Discuss the three main types of intellectual capital

Solution

the main types of intellectual capitals are: Copy rights, patents, trade marks and trade secrets.

copy rights: gives the right to the inventor or author or a book or artistick work to his invention. book publishing and movie distribution comes under this example.

patents: gives the inventor to sell the right to use his invention for commercial and for that he will charge something from the user. the user will get licence to use it and will be benefited. manufacturing of McDonald and Dominos pizzas comes under this action.

trademark: is facilitate the seller or producer to differentitate his prodcut from his competitors product and will be benefited. is like giving licence to sell the products in a region for a particular period. the producer will allows the seller to sell the product and will get some benefit.