Intellectual Property and Corporate Strategy

How to manage trade secrets

Description

Trade secrets have often been the neglected step-child of IP. Not anymore. Learn how they are interpreted in law, ways in which they can be managed and what happens in the event of trade secret theft.

Duration
This unit has 0 Minutes of videos.

Unit Progress

100%
Modules
  1. What is a trade secret? Part I
  2. What is a trade secret? Part II
  3. Trade secret theft and incidents
  4. Trade secret asset management
  5. What is trade secret metadata?
  6. Trade secrets and tax: what do you need to know?
  7. Quiz

Modules


Module 1

What is a trade secret? Part I

Duration: 0 Minutes

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Secret recipes, proprietary algorithms and famous blends of eleven herbs and spices, these are all examples of innovations kept under the lock and key of trade secret law. But what are trade secrets and how do they differ from other methods of protection? In this module, Donal O’Connell will guide you through the definition of a trade secret, compare them to other forms of IP and prepare you for the challenges of keeping your innovations secret.

Additional Resources
Managing trade secrets: checklist
The law changes in US, Europe and China
Module 1 - Transcript
Module 2

What is a trade secret? Part II

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It may sound obvious, but a trade secret only continues for as long as the information is maintained as a trade secret. So, what are the steps one must take to ensure its protection? In this module, Donal will take you through the reasonable measures you must take and best practices you should follow to keep your trade secrets safe.

Additional Resources
Trade secrets audit
Module 2 - Transcript
Module 3

Trade secret theft and incidents

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Completed

Your IP is game-changing, ground-breaking and incredibly valuable. Unfortunately, like all things valuable, somebody is probably after it. What are the sorts of incidents that you may have to prepare for, and what can you expect should they happen? In this module, Donal will explain the typical trade secret incidents that befall companies, what a misappropriation court case looks like, and how to protect yourself against the threat of cyber criminals.

Additional Resources
Article: Just remember that NDAs are like confetti
Module 3 - Transcript
Module 4

Trade secret asset management

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Maintaining a trade secret takes a lot more than just keeping a post-it note in an over-sized safe. So, what does it take to manage an entire portfolio of trade secrets? In this module, Donal will cover the topic of education, policies and governance, and how to use auditing and data to ensure that trade secrets remain just that… secret.

Additional Resources
Trade Secret Asset Management (Case Study)
Module 4 - Transcript
Module 5

What is trade secret metadata?

Duration: 0 Minutes

Completed

Data is the foundation of success in the digital age and – what may come as a surprise to many – curating data on trade secrets is crucial. Without trade secret metadata, you have no trade secret information. Without trade secret information, you have no trade secret knowledge. What can metadata describe? What types of metadata are there? In this module, Donal will answer these questions and more as he teaches you the importance of metadata.

Additional Resources
Classification system for trade secrets
Module 5 - Transcript
Module 6

Trade secrets and tax: what do you need to know?

Duration: 0 Minutes

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As we know, trade secrets may be among some of the most valuable intangible assets within an organisation. What does this mean for your finances? Why have trade secrets become an increasingly prominent asset from a tax perspective? Before consulting your abacus and calculator, you will need to know the answers to these questions. So, in this final module, Donal will explore a number of issues which link trade secrets and tax together.

Additional Resources
Transfer Pricing and Trade Secrets
Module 6 - Transcript
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