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Managing Intellectual Property - Case Study Example

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The present case study "Managing Intellectual Property" dwells on the ethical conflict occurred due to the fact that Monsanto has a legal right and expectation to profits from a particular seed and hybrid product that they had spent years developing. …
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Managing Intellectual Property
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Download file to see previous pages For instance, if an individual work to buy an advanced camera from a firm such as Nikon or Canon, disassemble that camera, inspect all of its working parts, and then proceed to create an exact duplicate of that camera, sell it, and profit from this sale, it would be clear and apparent that a legal and ethical violation had taken place (Zhao, 2013). However, the issue of seed is a more nuanced and perhaps more conflict-ridden topic. This is of course due to the fact that one cannot merely go out into nature, drop a Nikon or Canon camera into the ground, water it, and with little to no labor harvest replicas of it in the future. Although the ethical dilemma within the case of Monsanto is not directly tied to the level of labor per se, it is most certainly concentric upon the fact that an innately sell replicating product was initially provided to the farmer with the expectation that he would not allow this process to benefit him in a reasonable manner. Perhaps this particular issue is what clouds the ethical understanding more than anything else. The mere thought that anyone can or should have direct and stole property rights to something as ubiquitous as a seed is perhaps the most absurd facet of the entire case.
From a utilitarian point of view, if one analyzes the ethical dilemma that is innate within the case of Monsanto, the first, and perhaps the most salient, the question that comes to mind is with regard to cruise utility can or should be maximized. Should it be the utility of the farmer or should it be the utility of a multi-billion dollar a year agriculture and bioresearch conglomerate (Oppenheimer, 2013)? The answer to this can ultimately be found with regard to why a multibillion-dollar industry such as Monsanto which used to cross a small-time farmer such as Mr. Bowman. ...Download file to see next pagesRead More
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