You remember the story of The Tortoise and the Hare. The moral of Aesop’s fable was that slow and steady wins the race. But the truth is, today you have to be fast and steady. You have to be the tortoise AND the hare, not one or the other. Yes, you have to get your idea to market quickly. But you also have to be steady and focused when it comes to protecting your intellectual property (IP).
So what can you do? What are the best practices to protect intellectual property without slowing the development of your idea?
You might be in a hurry but it’s worth it to walk through some basic steps. After all, intellectual property is the core of your business and keeping IP safe from external threats and internal prying eyes is essential to the security of your business.
THREATS FROM OUTSIDE
To protect your IP from outside threats, here are some best practices to put into play: