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 […]

Inventor awards

By Donal O’Connell Reward & recognition: Most innovative businesses provide rewards and some form of recognition to inventors. There are two main reasons for having a reward and recognition program in place for inventors. Firstly in certain jurisdictions there are legal requirements to take into consideration. Secondly and more importantly, a good comprehensive reward and […]

Pull vs Push

By Donal O’Connell Pull versus push: Pull vs Push is well known in marketing and supply chain logistics. Push marketing brings content to the user. Also known as “traditional marketing,” push is the grandmother of modern marketing. Direct mail marketing, such as catalogues and brochures, are prime examples of push marketing. Yes, you guessed it, […]