ITM 407 Final: Final Exam preparation (question 2)

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It is important because intellectual property is someone"s creative work & invention or innovation. It takes a lot of effort to create something original & in order to maintain its originality; it must be protected from illegal copying. Also it is a natural right that should be given to individuals for the property/products that result from the labour they spent in creating such a creative work or invention. Additionally, intellectual property should be protected since to encourage creators & inventors to bring in more creative works & serve the society, they must be guaranteed that their work is being protected & not copied or sold illegally. The intellectual capitals at buckman labs are its individual competence such as employee"s knowledge & expertise, internal structure such as the softwares it developed internally like k- Netix system and finally external structure its relation with customers & suppliers. The way they can protect its individual competence is by providing its employees with benefits.

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