Business, Law, and Innovation
Class Exercise:
Creative Destruction
Lecture 2
Spring 2014
Professor Adam Dell
The University of Texas School of Law
Recall What Creative Destruction Is.
2
Types of Creative Destruction
There are numerous types of innovation-
Can I Get an Amen!
Seeking a Meaningful Life
Finding a Career in the Process
and a Logical Proof that
Everything is Going to be OK
Spring 2014
Lecture 10
Prof. Dell
Obituary of Robert Rines
MIT
800 Patents (Sonar / Patriot Missile)
Republic of China Paten
Unit 11 Homework
Short Answer:
1. Discuss the considerations in choosing a business form.
2. Distinguish merger consolidations and a sale of assets.
True/False:
1. In a limited partnership and a regular partnership each require a properly filed
certificat
Unit 10 Homework
Short Answer:
1. What rights and duties are transferable?
2. What rights and duties are not transferable?
3. Distinguish impossible from impracticable.
True/False:
1. Prior to notice of an assignment being given the obligor, an assignor m
The short answer and essay problems are not included in the quiz. However, you
should complete them as they provide a helpful review.
True/False:
1. The Constitution grants to Congress the power to regulate interstate and foreign
commerce. True
2. Neither
Short Answer:
1. Explain the various sources of law and give an example of a specific law
emanating from the source.
2. Explain the classifications of law
3. Explain statutory interpretation and discuss the various methods
employed by courts.
True/False:
Unit 09 Homework
True/False:
1. Blue laws violate the establishment clause of the First Amendment. False
2. An agreement that restrains trade must be ancillary to a legitimate business
interest or it will be construed as unreasonable. True
3. In some stat
Unit 08 Homework
True/False:
1. Statements obviously made in jest do not constitute offers. True
2. In determining whether an offer has been made, the real intent of the offeror
counts rather than the apparent intent. False
3. Most advertisements are offe
Unit 12 Homework
Short Answer:
1. Discuss the distinctions between a general warranty deed, special warranty
deed, and quitclaim deed.
2. Discuss the recording of mortgages and deeds.
3. Define easements.
4. Discuss the duties of landlords and tenants and
Short Answer:
1. What determines if one is an employee or independent contractor?
True/False:
1. If unforeseen circumstances arise, the agent may do what is reasonably
necessary only if he communicates with the principal. False
2. Express authority must b
Question 1
1.5 out of 1.5 points
In the Mercedes dealer network, individual dealers are given the sole right
to sell Mercedes vehicles within a defined geographic area . This is an
example of intensive distribution. True
Question 2
1.5 out of 1.5 points
CorporateLawAssignment1
Thestabilizationofindustrymustcomeaboutthroughindustrialleaderstakingthe
lead,recognizingtheirresponsibilitiestoemployees/public/shareholders,ratherthan
requiringdemocraticsocietytousegovernmenttodoso(leadtakenthroughexecutives
and
Short Answer:
1. Discuss intra family immunity
2. Discuss sovereign immunity
3. Distinguish exculpatory agreements from hold-harmless agreements
4. Discuss vicarious liability and independent contractors
5. Discuss the Florida Dog Bite statute
6. Discuss
Short Answer:
1. Explain the pretrial discovery process
2. Explain the ADR procedures
3. Explain the Florida Court System
True/False:
1. A party to a lawsuit may depose only the other party but not witnesses. False
2. Venue and jurisdiction are synonymous
Can I Get an Amen!
Seeking a Meaningful Life
Finding a Career in the Process
and a Logical Proof that
Everything is Going to be OK
Spring 2014
Lecture 10
Prof. Dell
Obituary of Robert Rines
MIT
800 Patents (Sonar / Patriot Missile)
Republic of China Paten
If you take ONE thing away from
this class, let it be that you should
never exhaust your desire to
LEARN.
Seeking Wisdom
From Darwin to Munger
By Peter Bevelin
Probabilistic Decision Making
The fundamental message of this book is the ALL
decision making c
System Dynamics
Understanding the Forces
That Dictate
System Behavior
Lecture 7
Spring 2014
Understand the forces that cause a
system to behave the way it does
Equilibrium
Systems often settle into a stable state
Systems can have multiple equilibria
Wh
Business, Law, and Innovation
March of Innovation
Lecture 1
Spring 2014
Professor Adam Dell
The University of Texas School of Law
Big Themes:
- Innovation is ever present in our economy.
- Supportive ecosystem, culture of risk & fair incentives.
- Cheaper
Welcome!
Lecture 1
Business, Law and Innovation
Prof. Dell
My Background
Grew up in Houston
President of the computer club at MHS
Tulane, Political Economy
UT Law School, J.D.
Winstead Sechrest & Minick
Enterprise Partners
Crosspoint Venture Partners
Impa
Class Exercise:
Is it a Good Business?
Goal: Explore various
business models and
understand the
fundamentals that
Before we discuss, please learn
all you can about these business
models:
- Service - Uber
- Retail Warby Parker
- Manufacturing Tesla Motors
Welcome!
Business, Law & Innovation
Spring 2014
Prof. Adam Dell
My Background
Grew up in Houston
President of the computer club at MHS
Tulane, Political Economy
UT Law School, J.D.
Winstead Sechrest & Minick
Enterprise Partners
Crosspoint Venture Partners
Business, Law, and Innovation
March of Innovation
Lecture 1
Spring 2014
Professor Adam Dell
The University of Texas School of Law
Big Themes:
- Innovation is ever present in our economy.
- Supportive ecosystem, culture of risk & fair incentives.
- Cheaper
Business, Law, and Innovation
Class Exercise:
Creative Destruction
Lecture 2
Spring 2014
Professor Adam Dell
The University of Texas School of Law
Big Themes
Recall:
When solving a problem, use ideas from multiple disciplines
(mathematics, physics, chemis
Business, Law, and Innovation
Technology & Business
Lecture 1
Spring 2014
Professor Adam Dell
The University of Texas School of Law
Whats the Big Deal?
- Economy at a macro level
- Reason companies buy/ use technology
- Rate of adoption
- Technology insid
Business, Law, and Innovation
Technology & Business
Lecture 1
Spring 2014
Professor Adam Dell
The University of Texas School of Law
Whats the Big Deal?
- Economy at a macro level
- Reason companies buy/ use technology
- Rate of adoption
- Technology insid
Business, Law, and Innovation
Business 101
Lecture 3
Spring 2014
Professor Adam Dell
The University of Texas School of Law
Big Themes:
- Business Models / Economics
- Finance / Accounting
- Strength of Business Models
- Market Niches
- Changing Markets
2
Technology & Business:
Where is Technology Having the
Biggest Impact on Business Today?
Lecture 2
Spring 2014
Prof. Dell
Lets Start With UT Law Student Market
What technologies have most changed your life?
What NEW technologies do you think will change yo
