How Can Companies Protect Their Nanotechnology Innovations?
Companies can take several proactive measures to protect their innovations:
Patent Filing: Timely filing of patents to secure exclusive rights to new nanotechnologies. Trade Secrets: Maintaining trade secrets for proprietary processes and formulations. Regular Audits: Conducting regular audits to identify and address potential vulnerabilities. Employee Training: Training employees on the importance of intellectual property and best practices to protect it. Legal Action: Taking swift legal action against entities involved in product piracy.