ICapeIdentificationComponentName Property

[DispIdAttribute(1)]
string ComponentName { get; set; }

<DispIdAttribute(1)>
Property ComponentName As String
	Get
	Set

Property Value

A particular Use Case in a system may contain several CAPE-OPEN components of the same class. The user should be able to assign different names and descriptions to each instance in order to refer to them unambiguously and in a user-friendly way. Since not always the software components that are able to set these identifications and the software components that require this information have been developed by the same vendor, a CAPE-OPEN standard for setting and getting this information is required.

So, the component will not usually set its own name and description: the user of the component will do it.

Reference