Technology Commercialization And Information Controls

An employee should uphold the confidentiality of information assigned to them by the company and its customers, except when revelation of such information is authorized or required by applicable laws, rules or regulations. “Confidential information” includes all records, non-public information related to the company and its business, customers, or vendors that come to an employee in the course of carrying out the employee’s duties and that can be value to competitors or damaging to the company or its business if revealed.

| “Security controls are the management, operational, and technical safeguards or countermeasures employed within an organizational information system to protect the confidentiality, integrity, and availability of the system and its information” (NIST SP 800, 2009). The control allows the organization to efficiently mitigate the risk coming from the use of information System (IS) to conduct business operations and processes.

For Elster (1983) invention is “the generation of some scientific idea, theory or concept that may lead to an innovation when applied to a process of production”

B) scientific advancement: A scientific advancement is an advancement in the understanding of a subject that pertains to science. A scientific advancement is an attempt at furthering our knowledge on a subject pertaining to science.

This paper reflects challenges brought on by starting up a new product, the effectiveness and efficiency of technology when marketing, and the battle of legal and ethical complication. Given are examples of different situation of each topic to demonstrate how each take place when starting a new product or service.

Employees cannot disclose any internal policy or procedure, internal office forms, or any internal office communication through any social media comment, private messaging, video, or picture.

Data Innovations Office facilitates cross-sector analytical insight generation to drive competitive value and optimize the use of its resources and financial assets. Under the Chief Data Officer’s leadership this office provides analytical services to many other business units. An agency relationship exists between Data Innovations Office and all other business units who use its services. At the same time, this office employs services of third party business analytics service providers. At times, the third party companies may need a database to create solutions which pose a great value. They might not be able to generate these databases on their own due to sheer volume of data and lack of very expensive data processing environments. Although these companies are hired to provide services solely for the interest of the principal – in our case Citigroup- they might see a potential to profit from selling their findings to other corporations. The principal limits such behavior by establishing appropriate incentives for the agent through the Master Service Agreements and by incurring monitoring costs. A non-disclosure agreement is also signed by the agent to legally prevent them from releasing any of their findings.

When it comes to data management the need to ensure that all laws that pertain to customer privacy are followed. There are many different laws whether they be federal, state or local laws to ensure that the data that is collected is protected. For example, H.R. 2092 the student digital privacy and parental rights act helps protect

Over time, most technology firms have sought to bar their employees from either setting up competing businesses or joining competitors within a specified period of time. This they do by ensuring that employees agree to a non-compete arrangement that usually constitutes part of the employment agreement. Microsoft Corporation is one of the many technology companies that have a non-compete clause. Under this particular non-competition clause, employees must not accept any employment opportunity in a company deemed to be in direct competition with Microsoft when they are either working at Microsoft or within one year of severing ties with Microsoft.

The microwave oven was discovered due to Percy Spencer's mistake. In the story, "How A Melted Bar Of Chocolate Changed Our Kitchens" the final line states "All thanks to Percy Spencer and his mistaken snack. " His mistake made a huge discovery that is very useful to people today. Not only that, but it also provides proof that mistakes can be key to discovery. Another, accidental discovery was gravity.

If possible, you should ask your employer for time to review a non-competition agreement before signing. That will allow you to thoroughly understand the details with the help of an attorney who is well-versed in the laws governing these documents in your state.

discovery of nature that we commonly think of as the original physics. The town of

ABSTRACT: Information Technology General Controls (ITGCs), a fundamental category of internal controls, provide an overall foundation for reliance on any information produced by a system. Since the relation between ITGCs and the information produced by an organization’s various application programs is indirect, understanding how ITGCs interact and affect an auditor’s risk assessment is often challenging for students. This case helps students assess overall ITGC risk within an organization’s information systems. Students identify

Subcategories of application controls include input controls, processing controls, and output controls. The General controls include controls over IT governance, infrastructure, network & operating system security, database access, application acquisitions & development, and program changes. “General controls are needed to support the environment in which application controls function, and both are needed to ensure accurate financial reporting, as well as reduce instances of fraudulent activity.” (Hall 2013)

Intellectual property is critical to many companies in order to foster innovation and boosting their revenues. Many industries rely on the protection of patents, trademarks and copyrights as they are valuable assets for companies’ success. By protecting intellectual properties, it ensures that the original owner reaps full benefits from his/her ideas, features, products and creations.