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Essay / Research Paper Abstract
A 5 page paper discussing the difficulty of defining and using intellectual property in the international arena. The issue is one that continues to present difficulty. Governing laws of one country may not be observed in another; cultural differences may dictate totally different working definitions of what constitutes intellectual property. One approach to resolving these differences is to attempt to place monetary value on intellectual property. This effort provides problems in its own right, but it can help to establish that intellectual property is indeed a real and tangible asset. Bibliography lists 10 sources.
Page Count:
5 pages (~225 words per page)
File: CC6_KSintelPropIntl.rtf
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Unformatted sample text from the term paper:
property (IP) is one that continues to present difficulty in the international arena. Governing laws of one country may not be observed in another; cultural differences may dictate totally
different working definitions of what constitutes intellectual property. One approach to resolving these differences is to attempt to place monetary value on intellectual
property. This effort provides problems in its own right, but it can help to establish that intellectual property is indeed a real and tangible asset (Meredith, 2003). The
international arena still is a long way from agreeing on one set of international laws (Andersen, 2002). Distinguishing Intellectual Property Drucker (1999) discusses
the decision at Ford Motor Company to increase the assembly line workers daily pay by 625 percent in an effort to gain control over high turnover rates in the days
of Henry Ford. There is expense involved in replacing employees, but Drucker (1999) maintains that turnover among those doing manual labor is less problematic for the organization than is
the same pattern among knowledge workers. This is because the manual worker does not own the means of production. They "have a lot of valuable experience, but that
experience is valuable only at the place where they work. It is not portable" (Drucker, 1999; p. 79). In contrast, knowledge workers do
indeed own the means of production that they need to execute their jobs. "That knowledge between their ears is a totally portable and enormous capital asset. Because knowledge workers
own their means of production, they are mobile" (Drucker, 1999; p. 79). Drucker (1999) reminds the reader that it is the job of management to protect the assets of
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