Business Law & Intellectual Property

Examines the need for a reinterpretation of what constitutes intellectual property because of changes wrought by the digital age.

Until a few years ago intellectual property rights within the context of business law was a well understood and rock steady area of practice. Intellectual property law can protect product and process inventions including patents, copyrights, and trade secrets. These laws also protect things like names and styles under which a business and its products are recognized in the marketplace including service and trademarks. Intellectual property laws are also designed to safeguard vital but non-technological information about businesses and their operations, such as customers, suppliers, plans, and finances (Chiappetta, 1997). With the advent of digital…

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