*Department of Business Administration, Chaudhary Devi Lal University, Sirsa (Haryana)
**Assistant Professor, Institute of Business Management, JCD Vidyapeeth, Sirsa (Haryana)
***Research Scholar, Department of Commerce, Chaudhary Devi Lal University, Sirsa (Haryana)
Online published on 11 August, 2014.
Sole proprietorship means when there is single ownership in business. Intellectual property of a sole trader requirements and concerns are, therefore, dependent on the nature and scale of operations and on relationship of business with other entities and enterprises. As this form of business has least government intervention in formation and liability is unlimited. This form is treated suitable where a single person can control over all the activities. What about Intellectual Property Right? Need to answer this question initiate the researcher to make a study on this topic. Present study aims at exploring the IP Culture in Sole proprietorship and finds includes in general that businessmen are not well informed about the potential benefits of using Intellectual Property assets in business strategy.
Sole proprietorship, IP Rights, Competitiveness, innovative