Trade Secrets
Trade Secrets can protect both technical information and business information. Because there is no government registration system for trade secrets, there is no direct cost to them. But, protecting them requires internal processes to ensure their continued secrecy. Without such internal processes, the trade secrets may be lost. The internal costs of those processes may be significant. Therefore, your organization needs to understand what should – and what should not – be kept as a trade secret.
Trade secrets are often effective at protecting technological innovation and information. But there are limits. In many circumstances, using a mixture of trade secrets and patents can provide effective and cost-efficient protection for technological innovation.
Let me help you get the most business benefit with an appropriate mixture of different types of intellectual property.