In our latest briefing we explore the key legal considerations for organisations looking to develop or reﬁne a data commercialisation strategy.
Faced with the exponential rise of data as an asset class in its own right, organisations are now taking a fresh look at the data that are available or accessible to them and the ways in which the value of those data can be safeguarded, unlocked and maximised. Data have become a strategic and valuable asset for many organisations but protecting and exploiting that asset is not always simple.
This article considers data as an asset, how they can be used effectively and how to minimise associated legal risks. It explores key legal considerations for organisations looking to develop or reﬁne a data commercialisation strategy, including in respect of:
- the concept of so-called data “ownership”;
- intellectual property rights;
- contractual rights;
- information governance;
- competition law; and
- corporate transactions.
This article was first published in PLC Magazine, May 2019
The contents of this publication are for reference purposes only and may not be current as at the date of accessing this publication. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2020