Explain the effects of intellectual property (IP) theft.

Explanation should include

• the definition of intellectual property
• individual contributions to corporate development, issues of ownership
• long-term effects (e.g., massive revenue losses, cascade effect)
• short-term effects (e.g., lawsuits).

Process/Skill Questions:

• What is intellectual property?
• What are the possible issues of ownership surrounding IP?
• What is the cascade effect?
• Why would a cybercriminal use malware to steal agricultural IP? At what point does it become a crime?
• How does the theft of IP lead to the production of counterfeit goods, pirated software, and loss of trade secrets?