Cyber Law
Commerce is sending shockwaves throughout the business and legal community. The value of intellectual property protection on the Internet is becoming clear as established companies find that they can no longer rely upon physical barriers to competition.
For technology-based companies, being the first one to market a new product or service offers tremendous competitive advantages. Traditionally, the first company to capitalize on a new idea would enjoy a lead-time advantage in setting in place manufacturing, marketing, and distribution channels. However, today, many Internet-based innovations may be reverse-engineered or copied within a matter of days. Investors and venture capitalists are starting to realize that without legal protection, a new start-up with a great idea is sending an open invitation to competitors.
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