Trade secrets are intellectual property (IP) assets. They include designs, instruments, patterns, formulas, and practices. The information is usually highly confidential in commercial terms and not open to the public. Further, it has economic value for the intellectual property rights holder, which …
Non-disclosure Agreement Articles and Interviews (tag)
Do You Have Trade Secrets? Here’s How to Protect Them
The closely guarded formula for Coca-Cola is stored in a bank vault that can only be opened by a resolution of the company’s board of directors. Only two Coca-Cola employees ever know the formula at any one time, and their identities are not made public. Also in a bank vault is the formula for …
