Ethics and Intellectual Property Essay Example | Topics and Well Written Essays - 750 words - 1

Ethics and Intellectual Property - Essay Example The essay will focus on the LG- Samsung intellectual property dispute. The business environments are essential and laws put in place are aimed at ensuring the environments remain competitive and accommodate diversity. The ethical issue arises when individuals or groups bridge the intellectual property clause. The manner in which people solve disputes will determine their future relation. The private space needs to be protected and it is up to the laws to protect these rights. The essence of intellectual property regulation is to create the private spaces. The moral aspect emerges when a party infringes the property rights or steals an idea or a product that was initially designed by a different party. In the case of LG versus Samsung, the firms as used each other of have stolen technologies in their mobile phone products and other household electronics (Yoon-Seung, 2015). There is the argument of competitive advantage. Samsung engages in a legal proceeding for damages after it alleged LG infringed the intellectual property rights after it produced products similar in shape and design as those produced by Samsung (Yoon-Seung, 2015). The dispute emerges whenever the rival firm uses product designed by another firm with no permission. Patents and copyrights are meat to ensure a firm protects its rights and in an event the rights are infringed, the law protects their ri ght. The law outlines how different firms may deploy legal means or mediation to settle dispute relating to intellectual property. The protection of intellectual property is applicable to both established firms and new venture. The nature of protection may vary depending on the local regulation. Intellectual property can be protected thought copyrights, service rights, patent, and trademarks. The nature of product will determine the manner in which a given product is protected through the intellectual property laws. The stolen technology by both Samsung and LG

Innovation & Creativty & Enterprise Research Proposal

Innovation & Creativty & Enterprise - Research Proposal Example The company culture is a major aspect that has shaped the success of the firm to its current 5-star ranking. The management has set out to employ personnel that are dependable and work with minimal supervision. Once personnel are hired they are taken through a training program to mentor them. The article will also look at the steps taken by the entity in its globalization process, this includes the purchase of modern planes for their fleet with examples like the Airbus 330 cargo planes and Boeing 777 (June 2013, Qatar Airways). Globalization is the outsourcing of services of a firm to a multinational level. This is crucial for a company like Qatar Airways that is in the transport sector an example of this is in its venture into the Chinese market (Business Age, 2015). The article will compare the steps taken in development to innovation management theories like that of the Austrian economist Joseph Schumpeter and their impacts on global economic trends (Purcher, S. 2014, vol. 67) The article will outline the risks involved in the flight business and the challenges involved in the daily running of the organization. The airline has a current growth rate of 35% per annum with an impressive fleet of 100 planes. The airline intends to take the top spot in its field, this is outlined in its future plans which the article will detail. The customer base is the most important part of this trade and their satisfaction shapes the success of the business. With the stiff competition among airlines to attract and retain the same clients, the firms are in competition to outdo each other. This is where innovation comes in; this phenomenon involves the trait of new and brilliant ideologies on how to venture into the various markets. All these comes down to the customer feedback which will show how the company has been evaluated by the people it