Global Intellectual Property Law
Discuss the impact of Global Intellectual Property Law upon the Telecom industry and upon businesses.
One of the most fundamental issues in today's society is intellectual property rights. These are basic trademarks which are used to protect the ideas and innovations of both individuals and firms. In the last several years, technology has made it easier for anyone to steal them with very little repercussions or enforcement. (Denton, 2011)
Evidence of this can been seen with observations from Denton (2011) who said, "Intellectual property rights provide the foundation upon which innovation is shared, creativity encouraged and consumer trust reinforced. But the digital world poses a new challenge -- how to manage the balance when the consumer is the creator, when the marginal cost of copying is zero, when enforcement of existing law is extremely difficult, and when 'free' access to information and content is considered by many to be a right." (Denton, 2011) This is illustrating how shifting attitudes and changes in technology are leading to more people breaking global intellectual property laws.
For the telecommunications industry, these shifts have become more pronounced. This is because they are at the forefront of innovation and must keep up with any transformations in order to remain competitive. As a result, the industry and various businesses are impacted by these changes. To fully understand what is taking place requires examining their effects and if they are leading to positive long-term transformations. Together, these different elements will illustrate how intellectual property rights are influencing the actions of various firms inside the sector.
Global intellectual property law is having an impact on the way various firms are operating and the industry itself. This is occurring with most companies utilizing the standards developed by AT&T in the 1960s. This basically required organizations to use their protocols and software...
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