Pirates of Globalization Term Paper Example | Topics and Well Written Essays - 1250 words

Pirates of Globalization - Term Paper Example The researcher states that in an era of globalization and fast dissemination of information, fraudulent manufacturers employ sophisticated means of acquiring patented information and exploit it for commercial gain. As Catherine Holahan notes in her article for Business Week, pirated goods now account for nearly 7 percent of all commercial activity across the world. Developing economies such as India, China, Brazil and Russia are proving to be hotbeds for this trend as Intellectual Property laws are either vague or poorly developed here. Moreover, in the era of the Internet, online commercial transactions across borders are especially difficult to bring under the purview of cyber law, as there is no consensus between different participant nations. It is due to this reason that Digital Rights Management (DRM) has been conceived and implemented. The researcher of this essay looks into some of the mechanisms for protecting Inellectual Property rights, especially that of DRM. The research er then analyzes the modern era of globalization, where intellectual property rights face their greatest threat through the open and free transmission of information in the cyber world. The case for enterprise DRM is synonymous with the case for a well-articulated, role-based technology and data protection policy. It is then concluded that DRM simply moves the point of data security from that of the network hardware or the computer software down to the individual document, or even right down to document-based operations.