Apply: Trade Secret Theft Study

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The purpose of this assignment
is to determine when business assets may constitute intellectual
property (IP), to analyze when an IP theft has occurred and possible
remedies for IP theft, and to assess the importance of protecting and
enforcing IP rights in a business setting.

Read the following scenario.

sells high-tech computer chips and software to smartphone manufacturers
worldwide. Futuretek maintains two software databases: one containing
Futuretek’s customer list with nonpublic contact information for key
personnel, and the other containing customer purchasing trends. The
information in the two databases is available for employees to view and
use in connection with their job duties.

Dana is a computer
programmer for Futuretek. Dana plans to run her own company one day and
design and sell her own computer chips to smartphone companies. As an
employee, she has access to the two databases containing Futuretek’s key
purchaser and purchasing trends information.

Dana decides to
leave Futuretek and start her own computer chip business. Before she
leaves, she makes a copy of the two databases on a portable hard drive.
Dana uses the information to contact Futuretek’s customers and offer
them cheaper, but comparable, computer chips manufactured by Dana’s new
company, SmartChip.

Futuretek becomes aware of Dana’s actions and
asks you, the chief operations officer, for advice and recommendations
on what to do.

In a 5- to 10-slide Microsoft® PowerPoint® presentation, complete the following:

  • Determine whether Dana has taken Futuretek’s intellectual property (IP), and if so, describe the type(s) of IP that was taken.
  • Explain any civil actions in tort or criminal actions that may be brought against Dana or SmartChip.
  • Assume
    Futuretek sues SmartChip, and Futuretek wins the lawsuit. Recommend
    ethical policies that SmartChip can put into place to prevent future
    legal claims and litigation against the company.
  • Recommend risk
    management procedures that Futuretek can implement to avoid or limit
    this type of activity from happening to the company in the future.

Cite a minimum of two references according to APA guidelines.

Click the Assignment Files tab to submit your assignment.

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