Industrial Espionage in America Essay Example | Topics and Well Written Essays - 2500 words - 1

Industrial Espionage in America - Essay Exampled nations and seames vulnerable as information can be stolen from electronic storage media and transmitted in seconds without even physically removing the data.The stem attempts to examine and understand the challenge of espionage to industries and line of merchandisees in America. However, in doing so, it shall also look at the historical developing of espionage and examines how the advances in technology in the recent years have facilitated the act of espionage, and also the measures that may bear witness useful in controlling industrial espionage. As a prelude to the research, it may be worthwhile to understand how industrial espionage is defined, its nature and implications.The Federal Bureau of Investigation defines industrial espionage as an individual or private business entity sponsorship or coordination of intelligence activity conducted for the purpose of enhancing their advantage in the marketplace. Cited Boni and Kovacic h, 2000 p. 48 While the definition may imply industrial espionage to be more or less the same as business or competitive intelligence, John F Quinn explains the essential difference between the two while business intelligence is generally under private sponsorship using an open methodology, espionage may be either organisation or privately sponsored and clandestine. Cited Boni and Kovacich, 2000 p. 47In the highly competitive and globalized business environment, trademarked intellectual property and economical information is considered the most valuable commodity by all nations, particularly the advanced ones. Businesses and/or governments touch on in espionage activities for the purpose of unlawfully or clandestinely obtaining sensitive financial, trade or economic policy information, proprietary/sensitive economic information or critical technologies including but not limited to data, plans, tools, mechanisms, compounds, designs, formulae, processes, procedures, programs, cod es or mercantile strategies, whether tangible or