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.
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Aqua Connect, Inc. v. Code Rebel, LLC et al., Case No. CV 11-5764-RSWL (C.D. Cal. 2012) (Lew, J.).
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Halt, G.B., Fesnak, R., Donch, J.C., Stiles, A.R. (2014). Trade Secret Protection. In: Intellectual Property in Consumer Electronics, Software and Technology Startups. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7912-3_2
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DOI: https://doi.org/10.1007/978-1-4614-7912-3_2
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