User:Mr Robert T III/sandbox

IPCI - Intellectual Property and Critical Information

Intellectual Property is any intangible asset that consists of knowledge or know how. A tangible asset is physical, it has form, it has a creation date, and its location can be described. Tangible assets are created from intangible assets. While this description is as accurate as it can be in its brevity, it also can describes Critical Information. To be more specific definitions

Intellectual Property is a concept that includes; copyrights, trademarks , service marks , patents , trade secrets , and other related rights. Intellectual property is an abstraction recognized by the law. The holder of these abstract “properties" has certain exclusive rights to their creation (work, symbol, or invention) that is covered by law. These rights are specific to the jurisdiction in which they are registered or are covered by international treaties that accept registration in third country jurisdictions.  If a legal authority of another country does not recognize the IP, the holder has no rights in that country.

Critical Information is specific information about your intentions, capabilities, and activities, which in the hands of your adversaries would allow them to plan and act effectively against your best interests. It is information about your company that your competitors could use to make a company non-competitive. The identification of a company's Critical Information should be construed in the broadest of terms and include items such as customers lists, employee handbooks, formulas, shipping and receiving records, travel of key personal, presentations made at conferences, etcetera.

The Term IPCI was first coined by experts L. Burke Files of Financial Examinations & Evaluations, Inc. and Richard Isaacs of The Lubrinco Group, Inc. in The Aegis Journal. The February 2007 edition contained a call for a conference on IPCI in 2007.

The focus on IPCI was born of the fact that the world had entered the Intangible Age, the age where the economy was driven by intangible assets and that over 80% of the value of public companies was Intangible Assets. Further, the clear understanding that these intangible assets needed to be both identified and protected in the modern corporation.