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Knowledge management
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=== Knowledge protection risks === Protecting knowledge cannot be considered without its risks. Here are listed four of the major risks associated with knowledge protection: * Overprotection: One of the major risks of knowledge protection is overprotection. Overprotection occurs when intellectual property rights are too broad or too strict, preventing others from building upon existing ideas and stifling innovation. As noted by Rouyre and Fernandez,<ref>{{Cite book |last=Rouyre |first=Andrey |title=Managing Knowledge Sharing-Protecting Tensions in Coupled Innovation Projects among Several Competitors|publisher=SAGE Journals |year=2019 }}</ref> overprotection can have a chilling effect on follow-on innovation, which is particularly problematic in fields where innovation is cumulative. * Misappropriation: Another risk associated with knowledge protection is misappropriation. Misappropriation refers to the unauthorized use or theft of intellectual property. This can occur when confidential information is leaked, trade secrets are stolen, or patents are infringed upon. According to the World Intellectual Property Organization,<ref name="WIPO 2019">{{Cite book |last=WIPO |title=Understanding Intellectual Property |publisher=World Intellectual Property Organization |year=2019}}</ref> misappropriation can result in significant financial losses for individuals and organizations. * Infringement claims: Intellectual property owners can also face risks associated with infringement claims. Infringement occurs when someone uses intellectual property without permission or authorization, and the owner of the intellectual property files a lawsuit. Infringement claims can be costly and time-consuming and can result in damage to an individual's or organization's reputation. As noted by Law Insider's Knowledge of infringement Sample Clauses,<ref>{{Cite book |last=Law Insider |title=Knowledge of Infringement Sample Clauses |publisher=Law Insider |year=2019}}</ref> infringement claims can also result in financial penalties and even criminal prosecution. * Inadequate protection: Inadequate protection of intellectual property is also a significant risk. This occurs when intellectual property owners fail to properly protect their knowledge, such as by failing to obtain patents, trademarks, or copyrights. Inadequate protection can result in the loss of intellectual property rights and can make it difficult for individuals and organizations to enforce their rights in court. As noted by the WIPO,<ref name="WIPO 2019"/> inadequate protection can also make it easier for others to copy or steal intellectual property. In conclusion, protecting knowledge is crucial to promote innovation and creativity, but it is not without its risks. Overprotection, misappropriation, infringement claims, and inadequate protection are all risks associated with knowledge protection. Individuals and organizations should take steps to protect their intellectual property while also considering the potential risks and benefits of such protection.
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