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Trade secret - Wikipedia A trade secret is a form of intellectual property (IP) comprising confidential information that is not generally known or readily ascertainable, derives economic value from its secrecy, and is protected by reasonable efforts to maintain its confidentiality
Trade secrets regulatory data protection | USPTO Trade secrets are vital IP assets held by innovators Protection of those assets against theft and misappropriation is essential to foster innovation and promote economic growth
Trade Secrets - WIPO The WIPO Guide to Trade Secrets and Innovation offers a comprehensive yet accessible overview of trade secret issues for a diverse audience, including policymakers, business managers, universities, and other innovation-focused organizations
trade secret | Legal Information Institute The Uniform Trade Secrets Act (UTSA) is a piece of legislation created by the Uniform Law Commission (ULC) The UTSA defines trade secrets and describes claims related to trade secrets As of 2024, 48 states, the District of Columbia, the U S Virgin Islands, and Puerto Rico, have adopted the UTSA What is a Trade Secret UTSA's Definition
Trade Secret Law | Intellectual Property Law Center - Justia Under the Uniform Trade Secrets Act (“UTSA”), a trade secret is defined as information that derives independent economic value because it is not generally known or readily ascertainable, and it is the subject of efforts to maintain secrecy Unlike copyrights, patents, and trademarks, trade secrets are not registered with a government agency
What Is a Trade Secret? Core Concepts and Legal Protections A trade secret is confidential information with economic value, giving businesses a competitive edge Examples include formulas, customer lists, and business strategies Trade secret protection offers legal recourse against misappropriation and doesn’t require registration
Trade Secrets: Definition, Protection, Types, and Remarkable Examples . . . Trade secrets represent a distinctive category of intellectual property, offering legal protection to confidential information that holds commercial value To qualify as a trade secret, information must be safeguarded as a closely held secret within a limited group, with the rightful owner taking reasonable steps to maintain its confidentiality
Trade Secret vs. Patent: Protecting Your Innovations Trade Secret Advantages Indefinite protection: Can last forever if secrecy maintained, far beyond typical patent terms No public disclosure: Information remains confidential, preventing competitors from learning details Lower initial costs: No government registration fees, making it initially less expensive than patents Broader subject matter: Can protect information that might not be
What is the Definition of Trade Secret? - Winston Strawn This definition of trade secret is in reference to the business ownership of a formula, pattern, compilation, program, device, method, technique, or process that provides a competitive edge As a member of the World Trade Organization, the U S government has a responsibility to protect trade secrets