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Essay text:
The type of Intellectual property (IP) applied to each division is all based on assumption.
2. Market analysis is also based on assumption.
3. The Business Model (licensing the IP) is an assumption.
INTRODUCTION:
This report will brief in detail about how concept of ‘Flying Wings’ or other wise called the ‘Batwings’, which was created by Sir Frederick Handley Page during the year could be commercialized 1961 – article by Ben Webster, November 2, 2005 Transport Correspondent [1]. The Greener by Design Group which includes AIRBUS, Rolls-Royce and the UK department for transport are currently working on the ‘Flying Wings’ concept for civil aviation and are planning to start the operational services by 2025 and capture one third of the world’s fleet by 2055 – article by Michael Graham Richard, Gatineau, Canada, 11th August 2005, Future plane might be ‘Flying Wings’ [2]...
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