Trade-Secrets

Trade-Secrets

Trade Secrets

Simply calling information a trade secret will not make it a trade secret. A business must affirmatively behave in a way that proves intent to keep the information secret.

Most intellectual property assets start out as trade secrets. Generally speaking, any confidential business secret which provides a competitive advantage may be considered a trade secret. As with all IP, it's important to manage trade secrets as part of a strategic portfolio. Decipher's™ powerful flexibility enables you to manage a wide array of intangible assets, including trade secrets.

With Decipher you can:

  • Inventory - keep an inventory of trade secrets and associated documentation within Decipher. Know what you have at a glance.
  • Categorize - map trade secrets to appropriate business units, products, people and partners.
  • Control access - maintain copies of nondisclosure agreements and employment contracts of those with access to trade secrets.
  • Monitor activity - report on people, companies and agreements pertaining to specific trade secrets.
The relationship architecture and reporting capability of Decipher allow you verify that employees with access to trade secrets also have the appropriate employment contracts, NDAs and non-compete agreements on file.

Related Links

Companies may own a great deal of intellectual property, but it is another matter entirely to put it to work in the right way.

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