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What steps can be taken to protect intellectual property (both domestically and internationally)? In business, do...

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Operations Management

What steps can be taken to protect intellectual property (bothdomestically and internationally)? In business, do you feel thebest defense is a good offense? In other words, in constantinnovation and improvement more important than intellectualproperty protection measures? Explain your reasoning.

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Intellectual property rights are the rights to prevent any kind of original genuine work from being copied or stolen It can be treated as an asset for businesses it can only be used by the company registering it under its name and can never be used by the competitors There are different ways to protect intellectual property both domestically and internationally These are as follows 1 To create copyrights patents and trademarks and to get them registered Copy right can be created for both the tangible and intangible types of work It will have a validity of more than 70 years By taking copyright of some property nobody else can have the right to access that property Patents are generally used for new    See Answer
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