Why The Reluctance To Manage Trade Secrets?
Poacher Turned Gamekeeper! Poacher Turned Gamekeeper! Information flows easily and we all like someone who is ‘in the know’, better still if it helps our business right
Financial Trading Strategies Protected With Trade Secrets
Hedge funds Millennium and Jane Street settled on the theft of a trading strategy when two traders left one to join the other. It turned out the trading strategy was worth $1bn a y
Risk To Bank Trade Secrets With Employee Mobility
Risk To Bank Trade Secrets With Employee Mobility Everyone can move jobs just not with pockets stuffed with valuable information. ‘Hey I’ve just moved to a new bank and think y
452m reasons why trade secrets are valuable for business
Four key employees leave the business to join a competitor taking valuable information with them. A decade later the largest medical devices company approaches the other company to
Maximizing Innovation: How IP Audits Can Drive Business Growth
The new code was a game changer. Thank fully before we released it, we did an IP Audit to identify the best way to protect it. We improved protection with intellectual prope
How Do You Prefer Your Secrets? Raided or Traded?
The most valuable IP in your business is highly likely to be your trade secrets. A stark reality faces you and that is if you are not actively managing these assets they are probab
Tesla Shares Innovation With Supplier, But Struggles To Keep Secrets
Tesla Sues A Major Supplier For Patenting Their Invention. Thank you to Prof. Dr. Alexander J. Wurzer Director IP Management Training for curating this excellent podcast on t
The Great Patent Myth. What Is A Patent Really Worth?
I once worked with a small business where they had spent $1m on patent filings for a particular invention. The business pivoted away from the invention but it was assumed that ther
$605M for Trade Secret Theft of ‘Innovative Approach to Selling Renewable Fuels’
The jury also found that the trade secret theft was willful and malicious, allowing the Court to potentially triple the total damages! Choose your partners carefully. You are flatt
Your Sensitive Information Is Valuable Be Very Careful Who you Share it With
Most of us are guilty of signing NDAs, sharing information with investors and partners and thinking nothing else of it. Mainly this route turns out ok, with the major risk being in
