How does intellectual property help business compete?
The semiconductor business is growing at 20% and the keys to competitive advantage are retaining trade secrets and talent according to McKinsey and the US Government.
The US government has stopped the export of advanced chips to China in an attempt to prevent the know how and trade secrets transfer.
TSMC the leading semiconductor manufacturer has 130,000 trade secrets.
Micron withdrew from China because of know how and trade secret ‘transfer’.
McKinsey says retaining talent will create competitive advantage for semiconductor companies.
What are you doing to hold on to your intellectual property, know-how, trade secrets and competitive advantage ?
Do you have a trade secrets programme ?
If you think you should develop one contact me today.
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For over 20 years I have been helping business to Win With IP: Using intellectual property to protect ideas, creations, inventions, and competitive advantage.
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