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Tavleenkaur Discussion 4
Tavleenkaur Discussion 4
Intellectual property (IP) ownership often involves difficult moral and legal decisions.
Concerns of intellectual property rights and ethical obligations are brought up in the scenario
by the tiny American company's creation of a product that is comparable to WiTech's
patented technology.
My opinion is more in favour of a well-rounded strategy that takes ethical and legal rights into
account. Although WiTech has a right to defend its intellectual property, it also needs to
consider the possible harm to the small business and the broader consequences for
innovation. Other approaches, including collaboration or negotiation, might better protect
WiTech's interests while maintaining to ethical standards.
REFERENCE:
Beabout, G. (2001). Applying Utilitarianism and Deontology in the Ethics of IP Rights.
Journal of Business Ethics, 32(2), 143-153. Retrieved
from:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8391290/