IP Culture

18 December 2024 · Articles, Confidential Information, IP Culture, IP Strategy, IP Value, Knowledge, M&A Due Diligence, Trade secrets

The Heart of Your Business: Protecting What Makes You Unique

Imagine pouring your heart and soul into building something special. The late nights, the unwavering dedication, the innovative spark that sets you apart – it’s all woven into the fabric of your business. Your trade secrets are the lifeblood of this creation. They’re the secret ingredient, the unique formulas, the ingenious processes that give you […]

19 November 2024 · Articles, Confidential Information, Innovation, IP Culture, IP Education, Trade secrets

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 the importance of trade secrets and how it fits into strategy. You cannot innovate in isolation and working with partners and suppliers is crucial in this, but how […]

13 November 2024 · Articles, Innovation, Investors, IP Culture, IP Education, IP Strategy, IP Value, Patents, Trade secrets

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 there would be 5X return on cost spend through sale or licensing of the patents. Sadly there was no value in the patents. Another […]

18 September 2024 · IP Culture, IP Education, IP Strategy

How Do You Protect The IP In Your Business For Free?

First understand your value drivers Then work out how to protect those with contracts, technical measures and IP (intellectual property). You can start today with unregistered rights such as Copyright, Trademarks, Designs and Trade Secrets. You can engage an adviser such as an IP lawyer or you could use an IP business adviser like me […]

1 July 2024 · IP Culture, IP Education, IP Strategy, IP Value, Knowledge, Trade secrets

One reason why Trade Secrets should be your company’s priority

AI tools are so powerful that they can join the dots and identify your Trade Secrets even before you have identified them!

6 June 2024 · Articles, IP Culture, IP Strategy, M&A Due Diligence

How Important is IP Culture in M&A Due Diligence?

The best M&A Due Diligence includes a thorough assessment of the organisation’s intellectual property management, strategy and culture. Value at Risk Intellectual property risks can be costly. They include: Not owning the Brand rights to go to market; Hidden Litigation threats; Diminished Competitive Advantage; Weakened Software; Inability to sell the product in the current form. […]