Trade Secrets aren’t Bullet Proof but they are Very Good

Guilty

South Korean company, Kolon admitted conspiring with two former DuPont employees between 2006 and 2009 to get access to information about how DuPont makes its Kevlar fibres.

Punishment
Kolon was fined $920m
18-month jail sentences handed down to the former DuPont employees!
Kolon was banned from manufacturing or marketing its Kevlar competing Heracron fibre for 20 years!

Kevlar is of course bullet proof as was DuPont’s strategy and deployment of trade secrets in winning this legal case.

Where else does trade secrets strategy make sense ?

I am John Pryor one of “The World’s Leading IP Strategists” and a pioneer in Trade Secrets strategies.

Making IP accessible and valuable for your business.

WEBSITE: https://exaltip.com

CONNECT WITH ME: EMAIL: john@exaltip.com

BLOG: https://exaltip.com/blogs

LINKEDIN: https://www.linkedin.com/in/john-pryor-gb/

To book a meeting: Book time with John Pryor

Subscribe to my newsletter on LinkedIn https://www.linkedin.com/build-relation/newsletter-follow?entityUrn=7133823443036205056

YouTube:

https://www.youtube.com/@exaltip

https://www.youtube.com/@exaltip?sub_confirmation=1

I am a strategy consultant focussed on intellectual property and dedicated to helping people and business to make the best use of all available IP to compete and win in the marketplace.

My aim is to increase people’s understanding of Intellectual Property, so that they can successfully and cost effectively use it in their business, to help achieve a higher valuation.

Book: The Innovation Handbook, 2nd Edition 2010. chapter:  How to maximize the value of your intellectual property.

ABOUT MY YOUTUBE VIDEOS: In these videos I explain some of the most important aspects of intellectual property in ways that make it relevant and accessible to business people.

The Benefit of Hindsight UpfrontTM

Innovation Without IP Is Charity

IP Provides Defence From Unlicensed Offence Leads To Secure Revenue. The Best Defence Is A Good Offence.

Intellectual Property Is A Business Construct To Enable The Sharing Of Ideas And Other Creations Of The Mind

A Strong And Integrated IP Strategy Puts You On The Front Foot In All Commercial And Financial Interactions

IP Supports Competitive Advantage, Drives Growth, Maintains Cash Flows, Secures Investment, Provides Monetisation Opportunities

Please like, comment, share and subscribe. Please feel free to ask any questions in the comments. #intellectualproperty, #IP, #JohnPryor, #patents, #brand, #innovation, #knowhow, #reputation, #tradesecrets, #tradesecrerthub, #patentbuying, #patentlicensing, #copyright, #trademark, #socialmedia, #brand, #sme, #socialmediainfluencers, #business, #intellectualproperty, #businessmanagement, #smb, #IPtraining, #NDA, #smallbusiness, #businessstrategy, #research, #knowledge, #TM, #®. #©, #ipstrategy, #knowledgeconomy,

Leave a Reply

Your email address will not be published. Required fields are marked *