Protect Organizational Intellectual Capital
(Clients released Moravec and Associates to publish these various practices)
- Establish a board to make decisions on what is protected and motivate staff and employees to submit all and any possible inventions and ideas for assessment.
- Create a culture that prevents external access but accelerates the dissemination of secrets to leverage the value added of the secret for competitive advantage.
- Protect expertise even if not a patent, copyright, trade secret, or trademark.
- Don't focus on breakthrough inventions and ideas at the expense of enhancements. These insights that make things quicker, better, or cheaper can be more valuable than the original invention or idea.
- Manage all trade secrets as creating a future for the business. Have employees sign nondisclosure agreements, disguise trade secrets, locate valuable information off site.
- Utilize a mix of patents, copyrights, trademarks, and trade secrets to ensure everything of value is protected and hedged against changes in intellectual-property law.
- Periodically let an expert from outside the industry take stock of the intangible assets not seen by the organization.
- Collect, track and trend industry or industry competitor intellectual capital worldwide.
- Use expertise to protect the intellectual capital in the home country and other global locations.
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