What HR needs to know about intellectual property
Why do HR professionals need to know about intellectual property (IP)?
Most businesses own some IP. In fact, it often forms a significant proportion of their value.
While some IP is protected by patents, registered designs or registered trade marks, a substantial part of a company's IP is simply carried around in employees’ heads and has no formal protection. Trade secrets, confidential technical know-how and customer information can all form part of a company’s IP portfolio. Even knowledge of how to operate a piece of machinery or use a system for logging customer data can count as IP.
Member only - this article is archived for CIPD members & PM subscribers.
Read the latest HR news without logging in, or log in below to continue reading.
People Management is the official magazine of the CIPD, containing all of the latest HR news, comment and HR jobs.