Abstract

One of the significant challenges facing companies with respect to IP involves copyrights. If a company obtains a copyright on a product it develops, it retains the exclusive right to publish and reproduce the copyrighted work. Some of the items for which a company might obtain a copyright include computer software, training materials, television commercials, and written advertising materials. A company's behavior in relation to abiding by copyright laws can have significant financial implications. There are many companies who do not have valid license for every copy of software in use, and these companies may be subject to significant penalties. The company must determine not only if there is a risk of getting caught, but also whether the related penalties are significant enough to outweigh the risk of getting caught. In this paper, I will focus on copyright issues of computer software, and the financial implications of compliance versus non-compliance with copyright laws.

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