My company is one of several organizations that try to develop a new helmet for military personnel to meet the new stringent standards of the US Department of Defense. If we are able to develop a unique new process for manufacturing this helmet, we are likely to reap a significant economic benefit.Three other companies work on the same problem and they employ some of the best scientists and engineers in the field (as do we). There is a high likelihood that the company that gets the solution first would have its solution reverse-engineered by the other two corporations.On 1 September 2015 my chief engineer announced that the latest round of testing has demonstrated that our new process works; in several additional months we would have a complete new process ready for manufacturing of helmets that would meet the new DoD standard and make us millions of dollars.A big debate started among my managers. wants to rush to the patent office and file for a patent on the new process right away, even before we have completed all the testing and before all the preparations of the new process for manufacturing. He believes we have enough evidence to convince the patent office in the validity of our invention right now. He does not want to wait. believes we should not rush. “We were the first to invent the new manufacturing process and we can prove that we were the first,” she says. Hence we will be granted the patent eventually even if others try to claim that they should be granted the patent because they filed before us. “It is better,” says Harriett, “to make sure we completed all the work and provided the patent office with complete and unassailable patent application when we finally file.” thinks that we should not file for a patent at all but start manufacturing the helmets based on our new invention as soon as possible. Our new process should be considered a TRADE SECRET. Explain the PROs and CONs of each one of the three approaches, and provide your substantiated advice on what needs to be done based on the facts of the case. Whose advice should my company follow and why?Manager TomPros: No one else would be able to copy the invention since there are other companies trying to invent a similar product as them. The three family restaurants that my mother manages and owns are known for a special dessert,
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