The Importance of Intellectual Property Value in American Business

As globalisation brings in new and various products, counterfeit goods also spread quickly. This has a negative influence on local retailers and trademark owners by taking away part of their local market share, taking advantage of the designs of a brand’s

Totally contrary to enthusiastic claims that fake handbags and other counterfeit goods are indistinguishable from the originals, in fact these knock-off products typically leave a lot to be desired. The real items are usually individually handmade from the best materials using only the most perfect stitching, while fakes are mass produced. In addition, the counterfeit industry is tied to the globalization of organized crime, so the money people spend on forgeries while being pleased at their savings ends up in the pocket of a thief at best, and the mob, terrorists, or drug cartels at worst. In short, even if cultural relativism is taken into consideration, it is difficult to say that counterfeiting actions are in any way going to improve the

Piracy is already illegal in the US, and most places around the world, yet it persists underground, but more often in plain sight. Short of passing a law that allows the actual blacklisting of websites like China and Iran, there is no legislative solution. That’s what SOPA and PIPA were attempting to do, but it so obviously trampled on the First Amendment, it was laughed out of existence as the entire internet protested it. The only other thing you could get the internet to agree on was if they tried to institute a ban on cat pictures.(Tassi)

For a long time we have strived to protect what we have made from the hands of those who steal. Nowadays we have a huge problem with infringement and that is due

Counterfeiting is quite the popular industry. That is, it seems as though almost everyone has a counterfeit good these days, or at least a friend or family member does. These unique booths are constantly crowded with people just dying to get the best deal on a knockoff item so they can show it off to their friends as the real thing. However, these people don’t realize the actions they evoke when they support these industries. Most counterfeit industries rely on child labor and human trafficking to

TCOs play a key role in the production and distribution of counterfeit products and engage in this activity because it produces high profits comparable to other illicit activities such as drug trafficking but with a greatly reduced risk for prosecution and penalties associated with these types of crime. Evidence has been gathered to prove that numerous well-known TCOs from such countries as Italy, Japan, and Hong Kong have engaged in the counterfeit products business with a direct link to other illicit activities from these groups such as money laundering. Many of these TCOs have the tactics, techniques and procedures to manufacture, distribute, and sell counterfeit products on a global scale through their other illegal activities such as drug,

Such policy seems to be working with plagiarism at e.g. Universities, but in term of intellectual property the intangible aspect of the product makes it more difficult to control. Therefore stopping online piracy is easier said than done, as it would require enormous human resources from a government to track down illegal websites and taking a legal action against them leading to the closure. One case study worth following regarding this issue was on the major streaming website TV SHACK.net has been seized many times by the US government and it kept changing the domain addresses to overseas addresses as .co or .bz. The owner, 23 year old student Richard O’Dwyer from Sheffield has been charged with copyright infringement and the US Justice Department has been seeking to extradite him from the UK since May 2011 – BBC reports. Streaming itself is a grey area in many countries, i.e. Germany, where it is not perceived as downloading but has been sourced using illegal means. Compared with the legal issues and the fact that the content was stored on foreign servers the law enforcement was extremely difficult, but now it has been set an example worldwide of tackling with piracy. On entering the internet address now a video clip displays which in a humoristic educated people on what piracy is and how much a “free” movie really cost. Such attempt is one of the suggested ways in dealing with piracy through

China is one of the countries that have the highest yearly rate of frauds. Although the China governments have uploaded many promotional videos on preventing the crooks, but can we really get away from the fraud base on those videos? The risk of fraudulent activity is increases every year in China. The China government should establish a special department to help people to prevent from the money frauds, because frauds are the problem that affects people a lot and also because the detection of frauds is extremely low in China.

With China emerging as a global power in business within the last decade, knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era, and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier, the price of the work force in China compared to the United States, and have the “made in China” brand be accepted back in the United States.

Description of cultural attitudes towards and presumption about whether a person can own words and knowledge. Indicate if modern trends such as globalization and easy access to information affected these and give consideration as to whether are also applicable in an organization. Also indicate if the presumptions hold true in ones career as an employee of the organization and how may this essay be relevant to ones work.

The depth of China’s involvement in intellectual property theft is far greater than I would have ever expected. Prior to taking the business law course, I never thought about what intellectual property theft was or the impacts that it has. The report of the Commission on the Theft of American Intellectual Property, states that “China is the world’s largest source of Intellectual Property theft” (pg 10 & 11) costing the American economy hundreds of billions of dollars per year, along with millions of jobs.

This site contains information on China's patent and copyright law. It goes on to discuss some ethical issues about China's lack of law enforcement on intellectual property protection.

They can also be found in almost every type of legitimate retail or wholesale location, including large chain department stores, malls, gift shops, pharmacies, supermarkets and flee markets (Lewis, 2009). According to the studies of the Counterfeit Intelligence Bureau of the International Chamber of Commerce, counterfeit goods make up 5% to 7% of world trade. China is the leader for intellectual property rights (IPR)

The movie Flash of Genius relates to Intellectual Property in that the intermittent windshield wipers were Robert Kearns’ own intellectual property. The movie has strong ties to patent laws of the United States as well as the 1941 Supreme Court case of Cuno Engineering v. Automatic Devices Corp which requires that a new device must “reveal the flash of creative genius, not merely the skill of the calling” (JUSTIA).The movie relates to this because Ford infringed on Kearns’ patent (that was still under protection) and Kearns claimed to have had a flash of creative genius (why can’t a windshield wiper blink like a human eye?). Because of this flash of genius, he came up with the idea for the intermittent wiper and it was not merely created as

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.