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Intellectual Property and Trade Secrets

Intellectual property (IP) is something unique that is physically created by an individual or a company. Nearly every company and organization generates and maintains IP, and many go to great length and expense to protect these assets.

It’s very important that companies protect their IP and they rely on their employees to help ensure they keep IP and trade secrets secure at all times. This training explains the different types of IP and outlines the steps required to protect it. It also defines what trade secrets are and provides guidelines on how to protect them.

Our IP and Trade Secrets compliance training will teach employees when to refer to policy, how to identify and protect IP and trade secrets, and will encourage them to seek advice when raising concerns and reporting breaches.

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Interactive Screen: Define intellectual property. IP rights. What can be protected by IP? Importance of protecting IP. Rules around sharing and using our IP, as well as the IP of third parties. Consequences of IP falling into the wrong hands.

Scenario: The correct steps to take when you create something that could be considered intellectual property.

Key Learning: If you create IP during your employment with our company, that IP is the property of our company. Do not disclose our IP externally without prior written permission.

Assessment: Five-question quiz on the content presented in this topic.

Interactive Screen: Types and examples of intellectual property. Trademarks, copyright, patents, industrial designs, geographical indications.

Scenario: Identifying what is, and what isn’t, considered intellectual property.

Key Learning: It’s important to understand what is considered IP and how we protect it. Reporting channels for questions on IP and the actions to take when you create IP.

Assessment: Five-question quiz on the content presented in this topic.

Interactive Screen: Define what a trade secret is. Protecting our trade secrets. The difference between a trade secret and a patent. Examples of trade secrets.

Scenario: How to protect our trade secrets.

Key Learning: It is vital that we protect our trade secrets to retain a competitive advantage. Marking documents as “confidential.” You have a responsibility when it comes to protecting our trade secrets.

Assessment: Five-question quiz on the content presented in this topic.

More about Intellectual Property & Trade Secrets

Your company’s success depends on innovation and maintaining the reputation of your brand. Protecting the ownership and control of your intellectual property is the key to this. A strong IP portfolio can also generate income through licensing rights, add leverage in negotiating collaborations and joint ventures, and attract investors. The first step in protecting IP is to identify which of your assets are intellectual property. You can then select the appropriate type of protection to safeguard them.

A trade secret is technical information or any other business information that has economic value to your business (e.g., customer lists, business methods, processes, and formulae/recipes). You, as a company, take extensive measures to keep this information secret in order to retain a business advantage over your competitors. It’s vital for your continued success that you protect your trade secrets at all times.

Our compliance training will help employees understand the different types of intellectual property so that they can help ensure you protect any IP generated. It will also equip employees with the knowledge required to help ensure they protect your trade secrets.

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