tag:blogger.com,1999:blog-7923005810906159036.post3959573533136670567..comments2024-03-27T12:49:05.975+00:00Comments on IP finance: Is first mover advantage still a relevant trade secret strategy?Anne Fairpohttp://www.blogger.com/profile/02579190868405783459noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7923005810906159036.post-85708748126355112962014-06-16T19:01:39.700+01:002014-06-16T19:01:39.700+01:00Yes, trade secrets can delay copying and provide t...Yes, trade secrets can delay copying and provide the establishment of a first mover advantage.<br /><br />However, if this delay is limited in scope does the first mover advantage really apply to a small company seeking to launch a product with global appeal? <br /><br />The new venture may gain a first mover advantage to their home territory before anyone can copy them. However, by the time they are ready to expand internationally competitors could be well established in many foreign territories, where the competitor, and not the innovator would be seen as the originator. <br /><br />While a global company or a media friendly invention might get global press and reputation for the invention which would allow trade secrets to provide adequate protection alone, I would think most other companies will end up promoting and proving the market, only to have others scoop them internationally. <br /><br />Anonymousnoreply@blogger.com