IP HAZARDS

" If we take and we have taken and succeeded in getting the concept of Intellectual property formalised to a great extent ,then we will have to concede that every property has to pass through a production process- utility creation process, securing it process, processing it process. Like all the manufacturing processes IP Production creation must have more or less same or similar entrepreneurial hazards. Similarly the process may have to be abandoned mid-way. The entrepreneurial activity carries other commercial, moral, sharing, apportionment, quantifying, inter-se interest-conflict, entry of new entrepreneurs, exit of entrepreneur for various reasons. Successful IP activity is always welcome but as an society we must be ready for unsuccessful IP adventure. Now the once unsuccessful IP adventure may further be continued either this way or that way. Some time a very rewarding IP adventure may has to be stooped for some time for want of financial resources, natural calamities, health risk of one or some components, for political reasons or some IP established may not be understandable to the contemporary society and may come to be established at a late point of time