Intellectual Property Laws And Security Measures

Intellectual Property Laws and Security Measures Students Name Institution Intellectual Property Laws and Security Measures The current intellectual property law in the organisation needs to be updated to ensure it addresses current trends that exist in the industry. The current policy mainly deals with the trademarks and copyrights of individual physical products which the organisation sells but since it intends to diversify its operations it needs new intellectual property policies. For instance, the firm will start to sell different types of computer software and other electronic processes to various organisations in the next six months. The firm needs to register such software and processes as patents to prevent other entities from using its copyrighted products without its authorization (Correa, 2002). In effect, this will allow the firm to obtain revenues from its business ideas and it will also strengthen its overall reputation in the industry in the long run. The new policy will apply to any entity that seeks to use products developed by the organisation for profit or non profit activities. In addition, all employees in the organisation will be required to sign new agreements to ensure intellectual property rights of products that they develop will be owned by