The Challenges to IPR Posed by the Internet Term Paper

The Challenges to IPR Posed by the Internet - Term Paper Example The Internet has revolutionized the availability of information and legal boundaries of digital property have been subject to increasing uncertainty in a knowledge-based economy. Information is the new mantra that spells success in the modern world. Intellectual capital is important and the use of business worldwide webs spells power. Before the advent of the Internet and technology, it was physically a tedious job to reproduce and distribute plagiarized copied of copyrighted works in a physical environment and making of such copies was also a relatively expensive process. However, as Lawrence Lessig points out, the online environment is so structured that a page can be copied without leaving a trace so that the footprints of the pirate are difficult to track.   Hannabuss has highlighted the ethical issues that arise in the realm of intellectual property because through the facility of the Internet,   infringement has become increasingly easy, and it is a simple matter to â€Å" pass off† someone else’s creation as one’s own. IP rights that were once deemed to be adequate to exercise the right mix of control between preserving the creativity and economic incentive of the copyright owner vis a vis the use of the material by the public for fair dealing purposes, is being challenged by the jumps in technology. The evolution of the electronic medium for the purpose of transacting business has created a complex set of legal issues that are at variance with already established legal precedents.   

The Efficiency Effects of Mergers and Acquisitions in Malaysian and US Term Paper

The Efficiency Effects of Mergers and Acquisitions in Malaysian and US Banking Institutions - Term Paper Example The effect of globalisation on trade and business is the most prominent aspects and this has created the impotence of deregulation for encouraging economic growth. These market deregulations have intensified the market competition and the existing players are trying to gain upper hand position in the market. In this regard, Hope and Maeleng have mentioned free trades as â€Å"competition–enhancing devise† (Hope and Maeleng, p.61). In such competitive business environment, every organisation is trying to be larger in terms of value, market size, consumer base etc. However, achieving rapid growth is tedious and long term process that may cause in not catering the available opportunities before rivals and this process of growth is known as organic growth. On the other hand, mergers & acquisitions (M&A) leads to achieve a rapid organisational growth. Today, M&A has become very popular strategies for the business and market expansion in domestic and in international market. However, M&A is riskier strategy as it influences the engaged companies as well as the entire market (Hagelm p.155-157). This paper will present a discussion on the effect of M&A on banking institutions and financial markets of Malaysia. 2. Overview of Malaysian and US Banking Sector USA is highly developed nation with a huge financial market. Prior to the financial crisis of 2007-2008 US market was considered to be the most stable financial market. The period of the latest financial crisis has made the entire financial market weak as many top financial institutions including top banks like Lehman Brothers have collapsed severely. Since 2007 till 2009 US banking sector have experienced several bank failures and merged. The statistics are presented below in the table. Table 1: (Source: Fahlenbrach, Prilmeier and Stulz, p.40) However, Now US banks are attempt to recover from the crisis as the banks like JPMorgan and Goldman Sachs are showing considerable growth (Ferreras, â€Å"US Ba nking Sector Endeavors Recovery—Research Report on Goldman Sachs and JPMorgan Chase’s†). However, majority banks are still facing crunch situation and hence, many have commented that it will take a significant time to recover. On the other hand, market indices for US banking sectors depict a positive result which has been presented below. Figure 1 (Source: Fahlenbrach, Prilmeier and Stulz, p.33) Malaysian is a one of the rapidly developing countries in the Asia Pacific region. The effects of the financial crisis of 2007-2008 were on the most of world economies directly or indirectly. However, in case of Malaysian economies it was not hurt significantly and hence, its banking sector kept growing during financial crisis. Bank Negara Malaysia is central banking responsible for regulating other commercial and other investment institution. The following table represents number of financial institution including banks as per November 2009. Table 2 (Source: MIDA,  "Banking, Finance and Exchange Administration†) Malaysia banking has anticipated a growth in loan amount in during 2010 as it loan amount increased by 12.8% comparing to previous years. Analysts, Lin and Mee have commented that â€Å"Within the retail segment, mortgages, hire purchase and credit card loans grew by 13.2 per cent, 7.7 per cent and 14.2 per cent respectively†