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Intellectual Property and Protection PDF

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Added on  2020-05-16

Intellectual Property and Protection PDF

   Added on 2020-05-16

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Running head: INTELLECTUAL PROPERTY AND PROTECTIONINTELLECTUAL PROPERTY AND PROTECTIONName of the student:Name of the university:Author note:
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1INTELLECTUAL PROPERTY AND PROTECTIONSection 1:Protection of intellectual property:The wearable tech industries, along with business driven by technology, relies heavily onthe intellectual property (IP). It may be considered as the boundary between a successful and afailing wearable business. The success may be decided by the effort the organization put in toharness, protect and enforce its IP (Drahosh, 2016). A bundle of IP rights may be considered inthis context. The rights include copyrights, database rights, trademarks, patents, design rights aswell as confidential information (Bently & Sherman , 2014).When it involves the development of a software , specially that is new and innovative innature intellectual property plays a crucial role and it will be right to consider it as one of themost valuable assets from the organizational point of view. However to protect such an valuableaspect the options are very limited (Halt et al. , 2016). Methods to protect the IP:IP protection through copyright:Copyright is a good practice to protect IP from illegal use. Copyright provides protectionagainst word to word copy of any document like software design, algorithm and implementationprocedure of the particular software that has copyright registration. As soon as the software isreleased internationally , no one can make direct use of the software without properauthorization. This helps to keep the work original and secure (Ricketson & Creswell , 2015).
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2INTELLECTUAL PROPERTY AND PROTECTIONIP protection through patent: Having an patent for any work is another important step to ensure the security of theintellectual property (Stim , 2017). According to the article, two type of protection is availablefor software through patent registration : utility and design. Utility protects the functionality ofthe software where design protects the decoration of the software. Patent is much more effectivethan copyright for IP protection . Patent provides the facility to protect the invention itself. Thatway someone cannot create a software program by introducing different algorithm that does theexact same thing as the original software does. According to the author, patent does not provideprotection for the line of codes that is written for the software as copyrights does.Strong Security practice :Whenever a software is developed independently, it is important to cross check thesecurity before the software is deployed in the market for public use. It helps to protect theintellectual properties from theft and illegal access. It is also very important to ensure that theremote access to the properties is protected with strong security base to avoid any misuse (Hook ,2017).Encryption of IP:To deal with sensitive IP it is preferred to encrypt it internally. The encryption process iscomplex in nature due to infrastructure and cost requirement. However it is much cheaper to dealwith rather than dealing with security breaches at later point (Moore , 2017).
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3INTELLECTUAL PROPERTY AND PROTECTIONDocumentation: Along with having a patient for the product, it is very important to keep a log of journalto keep a track of every process related to the product. The log will contain the activitiesregarding the development with clear information about what process has been done and when itwas done (Gross et al. , 2016). It will help to defend the property in case any other organizationor any individual steals it. The prime benefit of having a product with proper time stamp and allthe important moments well documented is that significantly helps to claim the ownership of theidea developed.Expert opinion:Though there are numerous ways to protect the IP, it is not always possible to take theright decision at the right moment. All the methods that are adopted regarding the propertyprotection may not always produce the correct and desired result. To ensure better strategy it ispreferable to seek the expert opinion (Liu & Yang , 2018). An expert opinion makes it easier todecide what need to be protected and how to protect. It helps to decide the correct timeline forcorrect move in the correct region. According to the article, talking to an expert makes it easierto understand the budget scenario to prepare the cost estimation in well advance. To offer the best user experience:Along with having a patent for the product, user experience is another major factor thatcan very well ensure the protection of the IP. The idea may sound confusing but it is a well-accepted and verified theory in the field of IP protection. Reverse engineering becoming acommon practice these days and trade securities are also becoming very difficult to protect.Moreover the news of patient violation is everywhere. Therefore, it is important to offer the best
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