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Started by : Mridula Maity, Product Development Manager, Rugel   05 28 2010 07:36:33 +0000
Industry : Private Banking/Wealth ManagementFunctional Area : Valuation(Corporate Finance)
Activity:  68 views;  last activity : 07 06 2010 20:18:09 +0000

As manufacturers continue to make investments overseas and integrate a global supply chain, intellectual property theft will remain a common issue.  According to a recent article in the Economist  highlights, there has been a significant increase in lawsuits in China for IP infringement.  Over 15,000 lawsuits, up over 200% since 2003, are now active.

China has made investments to improve the infrastructure within the Chinese judiciary system to handle this new surge in activity. As organizations continue to make these decisions, they will be forced to mitigate the IP theft risk.  The property is to educate your employees.  Intellectual property rules can be difficult to comprehend and the proper training and a well established IP security process can alleviate many issues.

So I want to ask you all, how do you think can we mitigate the Intellectual property theft risk?

 
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1 By starting a trade secret management system

By starting a trade secret management system

idea posted by Mridula Maity Product Development Manager, Rugel

Today, unfortunately, most organizations do not have a trade secret management system in place that governs how employees handle IP information. In order to reduce the risk of intellectual property infringement companies need to start effectively implementing such processes. By applying the discipline of counterintelligence to their security model, manufacturers can more effective in managing trade secrets across the globe.

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I do agree the thought

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YES I DO AGREE WITH THE IDEA SUGGESTED BY MR.RAMESH KANDADAI.

J P TIWARI

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by puneet , Manager Admin  | 05 30 2010 16:28:46 +0000

good thought mridula, by this way it can help to keep ip safe up to a limit.

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