When the population difference is accounted for, this translates into 28 times more patent filings in Japan per capita than we see in Canada. This factor must contribute to the ability of the Japanese to dominate technology industries worldwide. Intellectual Property as a Tool for Managing Risk in the Firm Risk management can be broadly defined as a company's use of management techniques to minimize the adverse effects of accidental losses on an organization at a reasonable cost. One of the first steps in risk management is the identification of exposure to loss. Damage to neighbouring property due to blasting activities .
Temporary wall collapses injuring pedestrian .
Building floors crack as building settles. Owner loses 3 months' production while repairs are made. Cause determined to be faulty design. Provincial Government levies a fine for operating contrary to permit. Two employees die in a helicopter crash.