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E-business and Intellectual property

LAW/421
February 11, 2015

E-business and Intellectual Property

There are two resources many small businesses consider important, and they are time and money. When using the word Intellectual Property many business owners turn and run the opposite way(Michelle Burke, 2011). These owners see visions of lawyers and civil suits and they prefer to not deal with these scenarios. Business owners realize in these modern times that it is critical to understand intellectual property protection under the law. These owners have the realistic viewpoint for business and make it a priority to learn about the protection laws. Intellectual properties are such things as patents, trademarks, trade secret(s) and mask works (semiconductor chips). Protection consists of registering trademarks or copyrights through federal registration and protecting a web-site domain. A company records the name through various entities such as internally in a business to ensure that a business' domain name is renewed before the time of expiration. Hiring a Domain Registrant Service (DRS) outside of the company specifically for domain name retention are utilized in businesses. Ethics involved in Information and Communication Technologies (ICT) depend upon agents for the enterprise to make sure information is protected. Costs or duties must happen in an ethical manner, and internal information continuously protected. There are accountability issues ethically for agents or employees to be responsible for assessing plans of action in a business. Rights of individuals and companies are to be left to their own devices when conducting business over the internet; all have the right to feel secure in the knowledge they are safe with their papers and data. Privacy issues depend on whether there is an actual concern for privacy or are the consumers

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