How are you going to create value

Assignment Help Management Theories

Reference no: EM133502077

Ethical Dilemma Scenario

"You are the manager of R+D+I in a company with a focus on developing new products based on AI. Artificial Intelligence (AI) is the set of theories and techniques for developing machines capable of imitating a form of real intelligence. Your company is specialized in algorithms to prevent and reduce the mortality of newborns, especially in developing countries. Your team have discovered a new algorithm that could eliminate or reduce the infant mortality in 80% of the cases, through a sticker pasted to mother during the pregnancy period. This device collects health data that allows to adapt medicaments and prepare the labour without risk for the mother and the baby. As a manager, you decide to patent this algorithm in order to avoid copying and to earn licensing revenue. The patent will take time, but you will be able to increase your profits, which is good for your company and for your career. One member of your team proposed that as regarding the very high social value of this innovation, it should be freely accessible by all."

Ethical questions to consider and respond to:

If you decide NOT to patent the algorithm, how are you going to create value? how are you going to capture value? and most importantly, what consequences would that decision have on you, the company and society? Provide Pros and Cons and provide in-text citations.

Reference no: EM133502077

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