TITLE:
Creative Problem-Solving in Business: The Legal Perspective
AUTHORS:
Ogochukwu C. Nweke, Gordian I. Nweke
KEYWORDS:
Business Law, Compliance, Creative Problem-Solving, Innovation, Intellectual Property, Legal Frameworks
JOURNAL NAME:
Beijing Law Review,
Vol.15 No.4,
December
16,
2024
ABSTRACT: This paper looks to unearth the sophisticated relationship that exists between legal frameworks and creative problem-solving for businesses. It challenges the conventional view that the law is only a constraint on innovation. By qualitatively analysing existing literature, case studies and legal frameworks, the study shows how legal compliance can encourage businesses to think creatively within confines. “Creative Constraint” as a concept becomes increasingly relevant to this, as it suggests that legal limitations can stimulate rather than stifle innovation. The dual role of intellectual property (IP) protection as an inhibitor and enabler of innovation is also presented, highlighting the need to approach IP laws and their implantation with a balanced frame, in order to promote collaboration. Additionally, the study shows why early legal involvement in the creative process is important in ensuring that innovative solutions are effective and legally sound. The paper is concluded with recommendations that legal practitioners and policy makers can use to foster a harmonious co-existence of law and creativity, with the aim of arriving at sustainable business growth for implementers.