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What are trade secrets?

According to Article 2 of the Trade Secret Act, "trade secret" means any method, technique, process, formula, program, design, or other information that can be used in the course of production, sales, or operations that can also meet the following three requirements: (1) it is not known to persons generally involved in the information of this type; (2) it has actual or potential economic value due to its secretive nature; and (3) its owner has taken reasonable measures to maintain its secrecy

  • Publish Date : 2008-04-24
  • Update : 2022-09-15
  • Organization : International Legal Affairs Office
  • Visitors : 1330

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