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Why You Should Read: How Intellectual Property Laws Affect Tech Innovation

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 In this fast growing world of technology, it is necessary to note that significance of intellectual property (IP) rules is imperative. In case you are willing to learn more about how the intellectual property laws, along with unusual ideas in the field of information technology, biology and software are registered and compensated, you would want to check out the article How Intellectual Property Laws Affect Tech Innovation, which is highly recommended. This paper provides comprehensive and efficient elucidation of how right to the intellectual property encourages technological growth and protects innovativeness. One of the topics of the article is the fact that patents encourage corporations to engage in a lot of research and development (R&D). Patents prove the concept of innovation because inventors enjoy monopoly by not having their ideas duplicated by other competitors to enjoy and take a good thing free of charges. Interestingly as per the article the patent last for a sp...

Explore the Impact of Antitrust Actions Against Tech Giants

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 Rule of antitrust has been an issue on the verge in the recent modern and dynamic business and technological world. The example of competition of big technology companies, the regulations made by the law to serve the need of people and their impact on the society are all attractive to any reader who wants to know more of them. Then, you are to read the article called "Antitrust Actions Against Tech Giants: Who Benefits? ". It gives a penetrating investigation on the subtle mix of abatement of danger of monopoly as well as permitting enterprises to enhance their value through hostile acquisition. This informative essay will have discussion on how the hostile takeover phenomena or when organisations aim to accomplish the ownership of other organisations without the consent of management is highly determined by the antitrust regulations. On the one hand, these takeovers have been considered as a tool of adding shareholder value whereas others have considered them as a possible ...

Discover the Harsh Reality Behind the Platform Economy

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 Today the whole world exists in the digital environment and, therefore, it is an influencer, a streamer, content creator who seem to many young people to be a dream job. Children now would obviously choose to become a YouTuber, TikToker or Twitch streamer, instead of being ordinary workers with mainstream professions. Most of them however do not realize that this is not at all easy to attain. The Platform Economy: Winners, Losers and Inequality essay gives a very sharp, zoomed-in perspective to the reality of individuals who earn money by producing digital content at the internet and their mismatch against the system and levels of inequality. This imperative book blows the smoke out of the fact that it is not as easy as we imagine to be rich in the platform economy. The minority of the most prolific artists reap high rewards whereas the others are barely making both ends meet earning a fraction of the living wage. Even those small businesspeople who have thousands of followers can...

Tech Protectionism: Economic Risks and Rewards

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 It is obvious that, in spite of global connectivity , countries are increasingly tending to focus on their own issues. Ever since the recession, the top 60 countries have put in place over 7,000 protectiveist trade measures. Many nations are strengthening their physical borders. Nationalist political parties are gaining popularity globally. Alongside this, digital and tech protectionism are rising, with countries limiting data flow and restricting foreign tech access to protect local industries. Data localization requires companies to store duplicate copies of their data to ensure compliance, and authorities in some countries manage the data directly. Despite the increasing number of policies that limit global competition, technology continues to empower consumers by enabling individuals to access buyers worldwide. McKinsey Global Institute demonstrates that individuals are connecting across the globe by meeting online with loved ones and friends, studying, finding employment...

Government Surveillance vs Innovation Economics

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 The field of economics considers adoption of new ideas as one of the most important changes ever seen. It affects the way productivity is measured, while its parts also enable and promote socioeconomic growth . Today, companies use innovation to position themselves well in competitive markets (Schumpeter, 1939 Freeman, 1995), mainly in the developed nations. Knowledge, innovation, ICT, and institutions drive productivity today. Government surveillance affects data management. ICTs play a vital role in the new economy, helping businesses and society access valuable resources. Of information that can become knowledge and innovation; they also enable companies to gain an edge over others because of systematic and true innovation (Torrent, 2002; Quiroga-Parra, 2013). In addition, because of ICTs, the process of innovation has sped up and this has enhanced the competitiveness of nations on a global scale by reducing the impact of distances and different geographies. As a result, ...

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