what are the risks of partnering? select all that apply. group of answer choices slower time-to-market incompatible cultures loss of intellectual property, particularly trade secrets loss of autonomy and control lack of attention in managing the relationship

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21-10-2022
Business

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what are the risks of partnering? select all that apply. group of answer choices slower time-to-market incompatible cultures loss of intellectual property, particularly trade secrets loss of autonomy and control lack of attention in managing the relationship

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akankshasharma92 akankshasharma92 · Answer 1 · 2022-10-25T11:28:41-04:00

The risks of partnering are Loss of autonomy and control, Lack of attention in managing the relationship, Incompatible cultures, Loss of intellectual property, particularly trade secrets.

Any procedure or technique used by a firm that is often kept a secret from the public is considered a trade secret. Trade secret information is often the result of internal research and development and provides the company with a competitive edge over its rivals.

A corporation must make a reasonable attempt to keep the knowledge hidden from the public in order for it to be legally regarded as a trade secret in the United States. Additionally, the information must have informational value and intrinsic economic value. A company's intellectual property includes its trade secrets. A trade secret is not known to the general public, unlike a patent.

Learn more about, here Trade secret, here

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