Intellectual Property Theft Case Study

1. Intellectual property could be described as any innovation, commercial or artistic; any new method or formula with economic value; or any unique name, symbol, or logo that is used commercially . By this creations, Intellectual Property (IP) has the rights and protected by patents and inventions: trademarks on branded devices, copyrights on music, videos, patterns and other forms of expression, state and federal laws. From this description, in stealing the IP is an easy and cheap way to do, it is an ordinary phenomenon called Intellectual Property theft, what the thief did is copying someone else’s ideas or product while the other person or company – the victim – has done all the work but the thieves got more huge profits. It resulted the

How did this happen, it was because many countries in increasing their technology of military did not recognize the importance of protecting the IP, especially IPs in the companies or countries networks, it then made the hackers from countries who has interests for the IP could easily break the network security and steal the

Lewis, there are four reasons why China is struggling to seek any possibility to acquire technology from other countries, include by espionage, hacking and acquisition. First, it was because they have the overwhelming desire to be one step ahead from the West. Second, they believe that rapid economic growth is politically essential for the party to maintain its dominance. Third, from China itself, has no tradition of intellectual property, different from the U.S who was the leader in protecting their intellectual property, while the thirty years of Maoism in China only made things worse. Finally, the Chinese fear that they have lost capability to innovate and must depend on stolen technology. In combination, these motives mean that it will be very difficult for China to change its