What are the Challenges in Managing Intellectual Property?
Managing intellectual property in a business context can be challenging due to:
Globalization: Protecting IP across different jurisdictions with varying laws. Cost: The financial burden of obtaining and maintaining IP rights. Enforcement: The difficulty in monitoring and enforcing IP rights, especially online. Innovation Speed: Keeping up with rapid technological advancements and ensuring continuous protection. Legal Disputes: Handling potential litigation and disputes over IP rights.