Articles

Digital tools often collect and process more data than necessary, sometimes intruding on user privacy. Beyond basic sign-up information, some of these digital tools also track personally identifiable information, such as names, emails, and biometric data, as well as behavioral patterns like browsing history, keystrokes, and app usage. Some tools also gather real-time location data, gadget information, microphone recordings, and even social interactions, mapping relationships based on communication habits. Financial transactions, purchase history, and health metrics can also be logged without you fully realizing it. Therefore, Users must take control of their data privacy and security through cautious online behavior, limiting data sharing, and using privacy-focused services and digital tools.

The expansion and growing strength of intellectual property (IP) rights and protection at the global scale have attracted increasing attention and the need for a balance in the relationship between the monopolistic rights and economic benefits accruable to IP owners, on the one hand, and the competition and antitrust laws that seek to address the social cost of monopolies and unfair market practices and abuse of market dominance, particularly those related to IP, on the other.

Traditionally, a business worth is the summed-up estimation of the assets owned and under its control. Before the digital economy, more reliance and focus were placed on a business’ physical/tangible asset in estimating a business’s worth, with negligible attention to the intellectual capital of the business. However, the advent of the digital economy has awakened the consciousness of businesses and brands to the enormous wealth, rights and competitive advantage associated with their intellectual capital.
From the managerial point of view, it has become pertinent and prudent that merely obtaining formal IP rights is never enough, it must be properly followed with effective IP management and adequate exploitation of the business’ IP portfolio to enable the business to derive optimal benefit from its IP assets, protect the company’s data, decreases risk, avoid liability accruable from careless infringement of third party rights develop adequate IP strategy and policies and enhances compliance with global legislation.

Intellectual property has become one of the most discussed topical issues in today’s business world. It is that category of property that covers the intangible creations and products of the human intellect. That is, assets that are not physical in nature, rather, they are idea, concept and creations of the mind such an invention, literary and artistic work, designs, symbols, names, images amongst many others.

Regulating crowdfunding became inevitable in the bid to protect investors and boost public confidence to investin startups and MSMEs, which would further deepen the nation’s capital market and enable it to provide capital development for MSMEs. However, there is the need for regulatory caution, to avoid over-regulation which may hinder the intended access of MSMEs to capital.