Protecting Your Trade Secrets

September 5th, 2013 § 1 comment § permalink

It is well known that many companies must keep their technology innovations and secrets away from competitors. Often times legal action can be taken if an employee accidentally releases such information. One of the problems nowadays is whether not to keep production domestic or to bring it to China. Bringing it to China would not only increase your production but would also be done for a much more affordable price. However bringing production to China makes your country’s secrets much more vulnerable. Logitech is a company that often deals with problems such as trade secret theft. They took the bold step and brought production to China. It is clear that the price they pay greatly outweighs the risk involved. As well, what Logitech does is produce parts of the product that are too valuable to be discovered internally, followed by bringing it to China for the rest of production.

Technology trade-secrets is a vital part of every organization, especially to those producing technology. Blackberry was being bought out only because of their intellectual value, such as patents and new technology. The worth of intellectual value in this case was $4.7 billion. This is why companies place so much importance on their trade-secrets.

http://www.bloomberg.com/news/2013-10-01/how-logitech-protects-its-manufacturing-secrets-in-china.html

http://www.bloomberg.com/image/iZ1OpvXziNug.jpg

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