The Psychology of IP Risk Management

By Donal O’Connell The psychology associated with risk: There are a variety of psychological factors which influence how people react to risks. Research conducted on this topic has helped to understand people’s risk perceptions; how “rules of thumb” influence how people evaluate risk; how risk perceptions influence people’s concern about risk; and how optimistic biases […]

Cyber criminals are not trying to steal your IP

By Donal O’Connell The headlines: “Valuable intellectual property targeted by cyber attacks” “Cyber Crime – Intellectual Property Theft” “IP theft is ‘most damaging’ cyber-crime for UK businesses” “Intellectual Property Cyber Theft: Get Real” “Protecting companies intellectual property from cyber crime” These are just some of the attention grabbing headlines of recent times, However, I would […]

Where do IP related risks originate?

By Donal O’Connell Introduction: By its very nature, there are both rewards and risks associated with intellectual property (IP). Risk is the chance of something going wrong, and the danger that damage or loss will occur. Risk management is the process of analyzing exposure to risk and determining how best to then handle such exposure. […]

The challenges with keeping things secret

By Donal O’Connell Why keep secrets? There are number of intangible assets within companies which by definition must be kept secret. A trade secret is a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information which is not generally known or reasonably ascertainable by others, and by which a business can obtain […]

IP licensing

By Donal O’Connell What is an IP license? An IP license in its simplest form is an agreement where an IP owner (the Licensor) permits another person (the Licensee) to engage in activities that, in the absence of the IP License Agreement, would infringe the Licensor’s legal rights attaching to the IP. In return the […]

Tackling the scourge of counterfeit products online

By Donal O’Connell The online world: E-commerce is the buying and selling of products and services, or the transmitting of funds or associated data, over the Internet. These business transactions occur either business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. It is estimated that there are about 20 million e-commerce stores selling products on the internet around the […]

Trade Secrets

By Donal O’Connell A trade secret is a formula, practice, process, design, instrument, pattern, commercial method, or compilation of information which is not generally known or reasonably ascertainable by others, and by which a business can obtain an economic advantage over competitors or customers. The scope of trade secrets is virtually unlimited. A trade secret is therefore defined […]