PowerPoint Slides for Professors Spring 2010 Version PowerPoint Slides for Professors Spring 2010 Version This file as well as all other PowerPoint files for the book, “Risk Management and Insurance: Perspectives in a Global Economy” authored by Skipper and Kwon and published by Blackwell (2007), has been created solely for classes where the book is used as a text. Use or reproduction of the file for any other purposes, known or to be known, is prohibited without prior written permission by the authors. Visit the following site for updates: To change the slide design/background, [View]  [Slide Master] W. Jean Kwon, Ph.D., CPCU School of Risk Management, St. John’s University 101 Murray Street New York, NY 10007, USA Phone: +1 (212)

Risk Management and Insurance: Perspectives in a Global Economy 18. Intellectual Property and Technology Risk Management Click Here to Add Professor and Course Information

Study Points  Intellectual property risk  Information technology risk  Biotechnology risk: the Human Genome Project  Nanotechnology risk  Technology and the environment 3

Intellectual Property Risk Management 4

Fundamentals  Private property ownership and its importance  Intellectual property Stems from a branch of property law that confers ownership rights to one’s intangible innovations and creativity Industrial property – Insight 18.1 Proprietary information – customer databases, financial information for internal use, business know-how, etc. 5 The importance of property ownership has been emphasized throughout the book!

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36 These problems are discussed throughout the book and class! CONNECT

Discussion Questions 37

Discussion Question 1 38

Discussion Question 2 39

Discussion Question 3 40

Discussion Question 4 41

Discussion Question 5 42