Business process patents and e-commerce tax laws
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1-The advantages and disadvantages of issuing business process patents have been hotly debated by legal scholars and business people. One compromise proposal advanced by Jeff Bezos, founder of Amazon.com, is to allow the issuance of business patents, but only allow them to be effective for a short time, perhaps two or three years. Present logical and factual arguments that support the issuance of such limited-term business process patents.
2-Companies that conduct electronic commerce are subject to the same laws and taxes as other companies, but the nature of doing business on the Web can expose companies to a large number of laws and taxes sooner than traditional companies usually face them. The international nature of all online business further complicates a firm's tax obligations. Explain
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The solution examines business process patents and e-commerce tax laws.
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Electronic commerce
1-The advantages and disadvantages of issuing business process patents have been hotly debated by legal scholars and business people. One compromise proposal advanced by Jeff Bezos, founder of Amazon.com, is to allow the issuance of business patents, but only allow them to be effective for a short time, perhaps two or three years. Present logical and factual arguments that support the issuance of such limited-term business process patents.
Long ago, "business processes" could not be patented; however, laws have changed and now organizations (especially in the United States compared to any other area of the world) have been pursuing intellectual property protection for numerous electronic inventions.
Jeff Bezos, founder and CEO of Amazon.com offered the proposal to allow issuance of business patents, but only for a short period of time (ca. two or three years); however, it seems the interlude of protection may be quite limited.
Generally speaking, the United States Patent and Trademark Office ...
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