Know-how

1. Law - European Union (EU) - UK - technology transfer agreements.

For the purposes of regulating technology transfer agreements, EU and UK law define know-how as:

" a package of practical information, resulting from experience and testing, which is:

(i) secret, that is to say, not generally known or easily accessible,

(ii) substantial, that is to say, significant and useful for the production of the [relevant goods or services], and

(iii) identified, that is to say, described in a sufficiently comprehensive manner so as to make it possible to verify that it fulfils the criteria of secrecy and substantiality."

EU Technology Transfer Block Exemption Regulation 316/2014 - retained EU law in UK

2. Other contexts.

Technical or practical knowledge gained from research or experience, that enables an individual or organisation in possession of it to implement a process.

Examples include the successful use of a patent.

Know-how is sometimes written knowhow.

Know-how is sometimes known as "procedural knowledge".

See also

• Balance sheet
• Brand
• Fixed assets
• Goodwill
• IAS 38
• Impairment
• Intangible assets
• Intellectual property
• Law
• Patent
• Recognition
• Research & development
• Retained EU law