What is Trade Secret?

A trade secret is any of the following "confidential information" which is used to get an edge over the competitor:

• Formulas
  
• Processes
• Designs
• Patterns
• Information
• Practices
• Instrument

So a trade secret is a valuable information which is not known to the competitors and its confidentiality is protected by by some agreements like non-compete and non-disclosure agreements (or even without them by mutual understanding).

Trade secrets lacks formal law protection and does not expire with time as patents do.

Trade Secrets

Hello, My name is Kate and this is my personal blog about my experience in trade secrets. I will first try to give some generic information about trade secrets and other intellectual property. Initially I will be taking up following topics:

• What is considered as trade secret?
• What are the trade secret laws and acts?
• What sort of trade secrets protections are available?
• What can I do in case of trade secrets theft?
• What are the tips to protect trade secrets?
• Trade secret litigations.

Then after completing all those, I may take up some real life examples for trade secrets and trade secret theft cases. We will also talk about protecting your trade secrets in the company.

I hope you will like this blog. Please let us know through comments. This blog should be more of a conversation then just a blog.