Numerous studies have been conducted by private consulting corporations, government agencies, and professional associations that find U.S. firms literally lose between $fifty nine and $239 billion every year because of theft, misappropriation, counterfeiting, and/or economic espionage of trade secrets, proprietary recognize how, and intellectual property.
Varied studies are conducted by private consulting firms, government agencies, and professional associations that realize U.S. companies literally lose between $fifty nine and $239 billion each year due to theft, misappropriation, counterfeiting, and/or economic espionage of trade secrets, proprietary grasp how, and intellectual property.
For a significant share of those losses, sadly, the owners - corporations haven't any real time monitoring capabilities in place to be alerted, in shut time proximity, when those losses occur. For purposes of analogy, let's say you referred to as the police last spring to report your lawn mower had been stolen, however whimsically admitted to the responding officer that you just hadn't checked your backyard storage unit since late fall. You then questioned why the officer expressed frustration with your lack of attentiveness.
The same holds true with a corporation's valuable intellectual property, intangible assets, proprietary know how and competitive advantages. If a company does not track or monitor those assets frequently, or worse, doesn't recognize where they are or their price, don't expect them to be intact and out there after they're needed.
Given the economic reality - business reality that 75+% of most company's worth, sources of revenue, and future wealth creation (sustainability) lie in - are directly linked to those assets, why is it then that in all probability a important share of business decision makers and business unit managers:
o can probably pinpoint the precise time of day their desk stapler went missing, however they're absolutely clueless concerning this standing (stability, sustainability, defensibility, and value) of their company's most useful intangible assets, intellectual property, trade secrets, and proprietary grasp how and can possible assume that is the responsibility of out of doors counsel?
o entrust their most useful intangible assets, proprietary business practices, and trade secrets to people - staff they solely say hi, goodbye and thanks to at the office or photocopying machine?
o most business call makers and their firms initially learn about the price of their misappropriated, compromised, or infringed intellectual property or trade secrets by asking legal counsel what their fees will be to strive to induce them back.
Conversely if decision manufacturers assume:
o the company's most beneficial intellectual property and intangible assets are sufficiently protected by computer/IT security, non-disclosure and confidentiality agreements, and employee sense of loyalty, try taking note of cell phone conversations in hotel lobbies and airport lounges or look at the laptop screen of the person seated next to you.
o the corporate's ideas and innovation are adequately protected as a result of a patent has been issued, its time to learn regarding global information mining, business intelligence, and info brokering operations, or just visit globalfleamarket.com and see the corporate's product in counterfeit kind or read concerning the company's strategic planning - new product rollout on iknowyourtradesecrets.com
o no one is curious about the company's strategic coming up with, client lists, pricing strategies, R&D projects, and business practices, why are there 19+ university programs within the U.S. and Canada, plus tons of seminars conducted globally to train people within the art and science of collecting-analyzing-utilizing business and economic intelligence?
Mr. Moberly has conducted various national presentations, seminars, and training for business organizations and skilled associations on a vary of problems connected to helping firms sustain management, use, possession, and worth of their intellectual property, intangible assets, proprietary data and competitive advantages.
Author Resource:
Adam has been writing articles online for nearly 2 years now. Not only does this author specialize in Protecting Intellectual Property and Intangible Assets
You can also check out his latest website about
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