Tag: Intellectual Property

  • Protecting Trade Secrets Through Intellectual Property Rights

    Protecting Trade Secrets Through Intellectual Property Rights

    Loss of data from documents can greatly hamper the competitive edge of research agencies and manufacturing organisations. For small and medium-sized businesses that are market leaders within their own segment, there is a specific necessity to cooperate with other companies; for example academic institutions or business associates, in order to maintain competitiveness and innovation. At the same time, there is also a need to safeguard their intellectual property rights. These include registered trademarks, brands, licenses, privileges, certificates, samples and exclusive rights. Within this scenario, it is also required of them to protect their trade secrets, for example, manufacturing or assembly procedures and compositions or formulae, which do not fall under legal protection rights in the manner that intellectual property does. Yet, classified trade secrets can play a substantial impact on the organisation’s competitive edge if they are misplaced or get into the wrong hands.

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