INTELLECTUAL PROPERTY POLICY
TABLE OF CONTENT
Introduction …………………………………………………………………………………...........………..……3
Scope …………………………………………………………………………………………..….…….……….……3
Objectives …………………………………………………………………………………….........….……………3
Classification ………………………………………………………………................………….…….…………4
Key Stakeholders ………………………………………………………………………….................…………4
Risk Assessment …………………………………………………………………………………...............……4
Ownership ………………………………………………………………………………………………….........…6
Communication …………………………………………………………………………………….........………7
Responsibility of Employees …………………………………………………................................……8
Confidential Agreement …………………………………………………………......................…………8
Guidelines for Documentation …………………………………………..............................…………8
Repository …………………………………………………………………………........…………………………9
Agreement ……………………………………………………………………………..…………………………10
Recommendation for Repository and Agreement …….........................................………11
Security Measures ………………………………………………………………...............…………………12
Policy Violation …………………………………………………………………….................………………12
Policy Review and Update ………………………………………………….......................……………14
Appendix ……………………………………………………………………………..……………………………15
Stakeholder Signoff ……………………………………………………………...................………………15
S/N |
Risk |
Description |
Mitigation |
1 |
Employee Turnover and Information Leakage. |
When employees leave the company, they may take valuable knowledge, trade secrets, or ideas with them, potentially leading to the unauthorized use of IP. |
|
2. |
Cybersecurity Breaches and Data Theft. |
Unauthorized access to our systems could lead to theft or exposure of sensitive intellectual property.
|
· Implement robust cybersecurity measures, including firewalls, encryption, etc · Conduct regular security audits and penetration testing to identify and address vulnerabilities. · Train employees on best practices for data security and the importance of keeping IP confidential.
|
3. |
Inadequate IP Protections. |
Failing to secure patents, trademarks, or copyrights can leave our IP vulnerable to infringement. |
· Conduct regular IP audits to ensure all valuable assets are properly protected. · Use protection strategies detailed in this document and provided by the legal department. · Monitor IP rights and taking legal action against infringements when necessary.
|
4. |
Inadequate Employee Training. |
Employees may unintentionally disclose sensitive information or fail to recognize the value of certain IP assets. |
· Provide regular training on the importance of IP protection and the specific policies and procedures in place. · Train employees on the guidelines for handling confidential information and reporting any potential breaches. |
5. |
Infringement by Competitors or Third Parties. |
Other companies may infringe on our IP rights, potentially diluting our brand or devaluing our innovations. |
· Monitor the market for potential infringements and take timely legal action if violations are identified. · Consider defensive strategies like countersuing or licensing agreements to protect our IP.
|