I was recently interviewed (in English) by William Fauchoux CEO of Blockchain Your IP about trade secrets.
I very much enjoyed the interview which is in the attached YouTube video
William is French and I quite like the direct translation Linkedin made of his French post. Here it is below:
There's a completely underrated way to protect your innovations...
It's called 🥁:
In concrete terms, information of commercial value of companies is protected from misappropriation provided that "reasonable measures" have been taken to keep it secret.
It's a bit like the Eldorado of intellectual property.
We can cover strategic assets that could not be protected by traditional securities (Business Plan, Algorithms ...)
In sensitive areas, secrecy is even preferred to patent when an innovation is not likely to be reverse engineered 🧐.
Taking "Reasonable Measures" looks super simple on paper...
But in practice we are FORESTS far away.
Apart from "On SharePoint" most companies don't even know where their trade secrets are. 🤷
They are doomed to lose them.
In a company of 1000 people with a turnover of 15% / year there are 3 people who leave every week with strategic information.
I've wanted to receive John Pryor B.Sc MBA in this episode for a long time to talk about this complex subject.
We will see that it is not enough to sign NDAs and distribute name badges.
Business secrecy is above all a history of corporate culture and a mode of management.
....and the original version is here in French
Protecting your business Ideas, Creativity, Invention and Competitive Advantage with Intellectual Property
We Can Help You so email firstname.lastname@example.org or call +447587885131 for a Confidential and Free Initial Chat or check www.Exaltip.com for more information.
Helping business to increase value by using intellectual property to protect ideas, creations, inventions, and competitive advantage.
Protecting #IntangibleAssets #Innovations with #Patents #TradeSecrets #Copyright #Designs and #Brands with Registered #Trademarks also with Unregistered Trademarks.
Help with using #Copyright and #TradeSecrets to protect your Software and Business.
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#IPMonetisation, #IPBrokerage and #IPFunding solutions.
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Author: John Pryor Exalt IP