CIO Wisdom II: More Best Practices

Trade Secrets and Other Intellectual Property

Vendors and customers will often have or gain access to the other's proprietary information and technology over the course of a relationship. The parties must of course take care to perfect their ownership rights and protect their trade secrets and other technology. Beyond simply protecting your technology, you must plan for the creation and use of intellectual property during and after the duration of the relationship. If you don't, you may find yourself hamstrung when your relationship ends.

Plan for the Creation and Ownership of Intellectual Property

There are four main varieties of intellectual property protection that may be applicable to the information and material created in the course of ...