1) Theft of Intellectual Property Pages 541-542 10th ed. Woollacott, Emma. "US Should Get Tough On Chinese IP Theft, Committee Warns." Forbes. Forbes Magazine, 23 May 2013. Web. 28 Apr. 2014. The article discusses the impact of Intellectual Property Theft on the USA, with China being the biggest culprit. Intellectual Property Theft is encouraged in China and extremely large pools of companies participate in this type of practice. " According to the bipartisan Commission on the Theft of American Intellectual Property, which produced the report, China accounts for at least half – and maybe as much as 80 percent – of US intellectual property theft." (Woollacott Forbes.com) The Chinese are not only gaining access to military operational data, they are also accessing business operations data as well. One of the extreme solutions presented in the article is to not provide funds to the World Health Organization until they are an active participant in preventing Intellectual Property Theft. This particular issue does not currently affect my company, largely due to the fact that most of the software utilized is fairly common. There have been programming changes made to the original program, but they are merely to digitalize and automate basic business functions. However, the company is planning on going public sometime in the near future as they are currently the fourth largest medical billing company in the US. This is likely to increase the potential for theft due to the company having a more public profile as well as an increase in staff to accommodate more business. It is very common to have a company highlight one or more of their unique “features” in order to attract more clients. Depending on which feature(s) the company uses as p... ... middle of paper ... ...ject to the team that will be programming and launching project without asking for their input. I cannot fathom how the planning of an IT project does not involve or even consider the input from the team who will inevitably be held liable if the project fails at any point. Operations and management tend to look more towards the benefits of a project once it is implemented and base their decisions on that information. Generally, only the IT team can determine if a project is even a viable option to pursue. There are many factors to consider such as hardware, software, employee downtime, possible implementation issues, and a disaster plan. Operations and management tend to have little technical/programming knowledge, further complicating the project. Any project should have full IT involvement from beginning to end, especially since that team is heading the project.
Dao, Wen. "China guarding against software piracy." The China Daily 20 Sept. 2004. 23 Sept. 2004 .
The multi-national elite has seized for itself all privileges to create and innovate at the expense of the developing countries, who can no longer access the information and technology necessary to alleviate the suffering and privations of their citizens. The developing world has become the consumer of information, technology, drugs and research. It has become a market for the developed world. The law of intellectual property which is meant to incentivize innovation has been turned into a system of retarding innovation by perpetrating monopolies and a protectionist business
The major complication introduced if economic espionage or misappropriation of a trade secret involves a foreign entity is prosecuting the person responsible for the theft. These cases often go unreported due to the low success rate of the court cases. It is extremely difficult to find enough evidence to convict the culprit. “Often, the greatest challenge in prosecuting economic espionage, as opposed to trade secret theft, is being able to prove that the theft was intended to benefit a foreign government or foreign instrumentality (Coleman, 2014)”. “The beneficiary of the stolen trade secrets may be traced to an overseas entity, but obtaining evidence that proves the entity’s relationship with a foreign government can be difficult (Coleman, 2014)”. Even though the investigation and litigation of these crimes can time consuming, companies can recoup potential losses and further protect their intellectual capital by taking action (Barbanel,
“Protecting your intellectual property is crucial to your business.” (Hinson, 2014) When business have intellectual property that is going to be popular or helpful in advancing there business, they have to take measures to ensure that the ideas or prototypes are protected from other that may steal the intellectual property. In the United States, many laws or safeguard steps have to be followed in order to preserve the intellectual property. A business owner has the right to protect the intellectual property, because the failure to do so could result in demise of the business itself.
It is a requirement that every major software development and implementation project includes three key stakeholders. These are enterprise customer, system integrator and software vendors. Most failures of the systems are contributed by these three stakeholders.
Sharma, D., Stone, M., & Ekinci, Y. (2009). IT governance and project management: A qualitative study. Journal of Database Marketing & Customer Strategy Management, 16(1), 29-50.
13. Fan Zhang and Dennis Xie, Chinese Copyright Protection Has Storied History, Strong Future, http://www.sourcetrix.com/docs/Whitepaper-China_Intellectual_Property.pdf
Often, the goals and visions of the projects are not clearly discussed. The project management team doesn’t understand the needs of the organization.
Gorman, Siobhan. "China Singled Out for Cyberspying." The Wall Street Journal 4 Nov. 2011. Print. (Source E)
Because of its intangible nature, and particularly the increase of the digital domain and the internet as a whole, computers and cyber piracy make it easier for people to steal many forms of intellectual property. Due to this major threat, intellectual property rights owners’ should take every single measure to protect their rights. Unless these rights are either sold, exchanged, transferred, or appropriately licensed for use in exchange for a monetary fee, they should be protected at all cost. In order to protect these rights, the federal and states governments have passed numerous laws and statutes to protect intellectual property from misappropriation and infringement. “The source of federal copyright and patent law originates with the Copyright and Patent ...
“The right to own one's genius is not a new concept. However, with the arrival of the digital age, it has become much harder to remain in control of one's intellectual property. Intellectual property has grown from the need to protect one's new invention, to the need to protect a slogan or a color. In other words, intellectual property rights no longer protect solely the interest of preserving a trade secret; it is now the interest to preserve one's monetary gain” (http://classes.soe.ucsc.edu/cmpe080e/Spring05/projects/ip/). This report will look at the pros and cons of intellectual property rights and the impact it has on society.
Shultz II, C.J and Saporito, B. (1996), ‘Protecting Intellectual Property: Strategies and Recommendations to Deter Counterfeiting and Brand Piracy in Global Markets’, The Columbia Journal of World Business, 31(1): pp. 18-28.
...duals who committed the crime. In this regard, it seems that only China is the one that’s been causing all the crimes, however that is not true. Because cybercrime is so beneficial and have low cost of punishment, it is done by various countries around the world. According to Edward Snowden, who released much confidential information regarding the U.S special operations, NSA has been constantly spying on many corporations, research institutes and Chinese government. Since there is no global council or enforcement that can adequately increase the cost of such criminal act, both victims can be the offenders of cybercrime, increasing the danger of information theft for almost all corporations worldwide. This instant show that countries may not want to harmonize and create a universal international cybercrime law because of the benefits they receive from the activity.
Creekman, D. M. (2001). p.19, 38. Helpless America--An Examination of the Legal Options Available to the United States in Response to Varying Types of Cyber-Attacks from China, A. Am. U. Int'l L. Rev., 17, 641. Retrieved from http://digitalcommons.wcl.american.edu/cgi/viewcontent.cgi?article=1223&context=auilr&sei-redir=
It is important to have the whole team involved and every team member should about the status of the project and identify there responsibility towards the project success.