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Know-how is the understanding of the way or manner that something is done. It often requires knowledge, skill and ability for a particular activity.
Know-how is often related to best practices, in that it is about understanding the most efficient (least amount of effort) and effective (best results) way of accomplishing a task, based on proven applications of the process or procedure over time and in numbers.
Eventually, know-how can become expertise.
Because of its value, know-how becomes an economic asset which can eventually be classified as a patented process or procedure, a utility model, a design or any technical knowledge protected by intellectual property laws.
Updated on 2015-08-11T11:51:22+00:00, by .