Tasks of this week:

The weekly assignment started with the simple tasks:
1. The study about invention, intellectual property and income.

Invention, Intellectual Property and Income.

1. What is An Invention?
New scientific or technical idea, and the means of its embodiment or accomplishment. To be patentable, an invention must be novel, have utility, and be non-obvious. To be called an invention.

2. What are the Intellectual property?
As per wikipedia the Intellectual property (IP) is a category of property that includes intangible creations of the human intellect, and primarily encompasses copyrights, patents, and trademarks.
It also includes other types of rights, such as trade secrets, publicity rights, moral rights, and rights against unfair competition. Artistic works like music and literature, as well as some discoveries, inventions, words, phrases, symbols, and designs, can all be protected as intellectual property.

3. What is a Business model?
A business model is the conceptual structure supporting the viability of a business, including its purpose, its goals and its ongoing plans for achieving them.

Open Source Licenses:

An open-source license is a type of license for computer software and other products that allows the source code, blueprint or design to be used, modified and/or shared under defined terms and conditions. This allows end users and commercial companies to review and modify the source code, blueprint or design for their own customization, curiosity or troubleshooting needs.
There are lot's of options available of Open Source Licenses.
I went from main three Licenses:

1. MIT License:
The MIT license provides one with the permission to reuse proprietary software, given the condition that the distributors include the copy of original MIT license with the distribution code licenses.

2. Apache License:
The Apache License is a permissive free software license written by the Apache Software Foundation.
The Apache License, Version 2.0 requires preservation of the copyright notice and disclaimer.

2. GNU GPLv3 License:
The GNU General Public License is a widely used free software license, which guarantees end users the freedom to run, study, share and modify the software.

Generating the license:

After reading all the information about license I came to know that the henerating the license is the most important part of the project. I opened up the git lab, I clicked on "add a license".

As you can see I selected the GNU v3.0. I started to read all the text which was written over there, but it was too much to read so I clicked on commit and saved it in to my repository.

Right after saving it one tab poped up and I saw this.

The reason why I choose The GNU General Public License is becouse it is widely used free software license, which guarantees end users the freedom to run, study, share and modify the software.

Learning Outcomes:
In this assignment I lerant about Open source Licenses. and I scusessfully generated the license for my project.