Intellectual Property

Question 1

What attributes are necessary for the information to qualify as a trade secret?

Answer 1

For information to be considered a trade secret, it must be:

1. Commercially valuable – The information provides a competitive advantage.
2. Known only to a limited number of persons – It is not generally known or easily accessible.
3. Protected by reasonable steps to maintain secrecy – The rightful holder must take steps (e.g., NDAs, security measures) to keep it confidential.

Question 2

What does an invention implies?

Answer 2

Any new product or process involving an inventive step and one that is used in industrial application.

Question 3

What is IP awareness?

Answer 3

Intellectual property consciousness

Question 4

What is intellectual integrity?

Answer 4

It’s all about valuing, respecting, and safeguarding the intellectual property and confidential information of TCS, customers and third parties, by applying TCS’ right-access and right-usage principles.

Question 5

Where are the hallmarks of any respected organization?

Answer 5

Credibility, Reliability and Trust. Integrity has been an intrinsic value of TCS.

Question 6

What’s intellectual property?

Answer 6

Intellectual property or IP refers to creations of the mind such as inventions literary and artistic works, symbols, names, images used in commerce, and so on.