Question: From this module, you learned that there are four flavors of Intellectual Property Law. While we cannot legally protect an idea, we can protect what

From this module, you learned that there are four "flavors" of Intellectual Property Law. While we cannot legally protect an idea, we can protect what it becomes in one of these four areas, including (1) Patents, (2) Trademarks, (3) Copyrights, and (4) Trade Secrets. With the accessibility of information and significant competition in the business field, we often see issues of Intellectual Property facing businesses today. A recent case regarding the popular "blurred lines" song provides an example of Intellectual Property Law, where Robin Thicke and Pharrell lost in a Multi-Million Dollar 'Blurred Lines' Copyright Infringement Lawsuit.

Given the importance of innovation in the business field and the issue of "patent trolls," do you believe Intellectual Property Law has a good or bad impact on business?Remember to use PICK Analysis to explain your reasoning. Please also provide additional examples of intellectual property issues from current events today, similar to what we saw presented in the "Blurred Lines" case. Remember to review and respond to at least two of your classmates' posts.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!