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Erschienen in:
2014 | OriginalPaper | Buchkapitel
2. Trade Secret Protection
verfasst von : Gerald B. Halt Jr., Robert Fesnak, John C. Donch, Amber R. Stiles
Erschienen in: Intellectual Property in Consumer Electronics, Software and Technology Startups
Verlag: Springer New York
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Abstract
Trade secret law provides a mechanism for protecting proprietary and sensitive business information. A trade secret, by definition, is information that has economic value and is secret. There are no formal application requirements to obtain a trade secret. Unlike patents, there are no statutory requirements that a trade secret be novel, useful, non-obvious, and there is no examination process. Trade secret protection arises once the appropriate steps are taken to create and maintain a valid trade secret. Trade secrets are not subject to a predefined term, and can be maintained for an indefinite period of time.