Partners Dr Kavita Arora and Dr Deepa K Tiku, in their latest International Bar Association publication, delve into the nuanced requirements and challenges associated with protecting trade secrets and confidential information in R&D collaborations.
With increasing technological advancements and interconnectivity, safeguarding trade secrets becomes more complex. The challenge lies in balancing open collaboration with stringent protection of intellectual assets for sustaining innovation and ensuring equitable benefits in R&D partnerships.
However, the absence of strong legislative measures to protect sensitive information poses significant risks, including misappropriation, unauthorized disclosure, and potential exploitation by competitors.
This article endeavors to provide insights and practical guidance for stakeholders engaged in R&D collaborations to safeguard their intellectual assets in an increasingly interconnected world.