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Why should I consider intellectual property issues in undertaking e-commerce?

image of Why should I consider intellectual property issues in undertaking e-commerce?

IP is a crucial element of e-commerce. More than other business systems, e-commerce often involves selling products and services that are based on IP and its licensing. Music, pictures, photos, software, designs, training modules, systems, etc. can all be traded through e-commerce, and IP is the main component of value in the transaction. IP is also important because the things of value that are traded on the Internet must be protected, using technological security systems and IP laws, otherwise they can be stolen or pirated and whole businesses can be destroyed.

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