Solves your maths homework needs – simple to introduce and use as your whole-school maths homework policy Armorial bearings such as coats of arms, heraldic badges, State emblems and flags are treated as distinct from trade marks. There is an international registry of such devices which prevents them being registered as trade marks. Maintenance and enforcement of IP rights Knowledge assets are fundamental to economic activity and can be hugely valuable, and modern business invests heavily in their development to secure competitive advantage. A modern and successful economy is dependent on such investment. The nature of knowledge assets, unlike most physical assets, is that they are often non-rival and can be easily replicated or used by others simultaneously, which can result in positive spill overs that benefit people other than the original producer who invested in developing the asset. This can be a disincentive to investment in their development as competitors can effectively copy or benefit from an innovation without having expended the same effort in its creation. This in turn is a driver for steps to be taken to protect that asset, by restricting and controlling its use in some way.

peer and performance recognition is an important part of incentivising public sector workers who are rarely driven principally by financial rewards to their work. Being able to ‘make a difference’ and have your impact recognised is a key driver for individuals in the public sector Just a few lines to say how much we appreciated ‘Hope Amidst a Tsunami of Evil’… The book provides: b) appoint a Senior Responsible Owner ( SRO) for knowledge assets who has clear responsibility for the organisation’s knowledge asset management strategy

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One approach to protecting the asset is to keep it closed, for internal use only. However, this is not always a good outcome for the wider economy and can prevent others from building new innovations around the asset thereby hindering potential new economic activity. IP rights are designed to overcome this and therefore encourage investment in innovation and creativity. In return for making the idea available to others, the owner is granted a legal monopoly over the idea for a specified period, allowing them to take legal action to prevent others from replicating, using, importing or selling their creation during this time. Why is protection important for UK public sector assets? With increasing control measures being forced on people, not only in the UK but all around the world, the newly formed White Rose group found it necessary to speak out, end compliance to senseless and harmful rules, and to inform others about the danger of losing our God-given freedoms – a danger that is becoming more obvious by the day.

In addition, an early consideration of the knowledge assets that a project will generate can allow an organisation to understand at an early phase the potential wider applications. While it would not be right for an organisation to generate additional assets, solely with a view to their future exploitation in other markets, it may well be possible to design the project in such a way that maximises the ability to use assets in this way in the future, or for the organisation to benefit from such uses by a project delivery partner. Not for profit collaborations and joint ventures Note: Organisations should employ a governance structure that is appropriate for their size of knowledge asset holdings. The below is an example of what a governance structure would look like for an organisation where knowledge assets play a significant role. Knowledge assets management committee After a review of knowledge assets is complete, an organisation should have a better understanding of its knowledge assets and be able to identify risks and opportunities and take appropriate action in response. Ownership of knowledge assets generated by employees

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There are many challenges to making better use of government data, which stem from the way it is collected. It is frequently only stored and used within the organisation that collected it, in ways which do not facilitate easy transfer between organisations. Data can be a valuable knowledge asset, and care should be taken to ensure that it is collected and managed in a way that recognises its value. More detail on each of these types of asset and the associated IP rights and other methods of protection is set out in Annex A of this guidance. Who should follow this guidance? Game changing ideas have come from the UK public sector multiple times over the years, and we are keen for more of these knowledge assets to be developed, managed and exploited. These ideas can have much wider social, economic and financial benefits.

Knowledge assets are challenging to value in comparison to tangible assets. They can be difficult to identify, and once identified it can be hard to define and set the boundaries of the asset. Their value is often highly dependent on the availability of wider technologies and can be extremely sensitive to changes in the market in which they operate. Box 4.B. provides a simplified version of a model that you can use to test your thinking before going into contracts with third parties.third party knowledge assets, including the importance of properly protecting and exploiting third party rights