In this module, we want to consider some of BI systems' legal and ethical dimensions. In any business setting, we are governed by business law. Read this selection, which covers intellectual property (IP). Complete the exercises in the chapter as you go through it. IP is crucial in business intelligence systems because it protects the unique insights, methodologies, algorithms, and innovations developed through data analysis and processing. Business intelligence systems often involve the creation of proprietary algorithms, data models, visualizations, and reports that provide organizations with a competitive edge and strategic advantages. By securing IP rights through patents, copyrights, or trade secrets, companies can safeguard their investment in developing innovative BI solutions and prevent unauthorized use or replication by competitors. Furthermore, protecting IP encourages investment in research and development efforts.
Intellectual Property
Learning Objectives
After completing the material in this chapter, you should be able to do the following:
- Identify the principal kinds of intellectual property
- Understand the difference between patents and trade secrets, and why a company might choose to rely on trade secrets rather than obtain a patent
- Know what copyrights are, how to obtain them, and how they differ from trademarks
- Understand why some "marks" may not be eligible for trademark protection, and how to obtain trademark protection for those that are
Source: Jeff Lingwall, https://boisestate.pressbooks.pub/buslaw/chapter/intellectual-property/ This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 License.