Tag - Intellectual Property

TRADE SECRETS: What You Need to Know.

Introduction In short, a trade secret is a form of intellectual property (IP) rights on confidential information which may be sold or licenced, giving an enterprise a valuable competitive advantage. Trade secrets have been usefully described as: … information which, if disclosed to a competitor, would be liable to cause real (or significant) harm to the owner of the secret … It must be information used in a trade or business and the owner must limit the dissemination of it or at [...]