Any piece of information/technical or otherwise, that is not a matter of common knowledge in the field or trade has some recognizable value.
Information, such as a formula, pattern, device, or process, that is not known to the public and which gives the person possessing the information a competitive advantage. May sometimes include customer lists, marketing and/or business plans, and details of suppliers and customers.
A formula, process, system, tool, etc. which provides a company with a competitive advantage.
A proprietary process or object that provides an individual or organization an advantage over the competition, often heavily guarded against disclosure with legal documents.
Information, such as a formula, pattern, device, o... Add a comment
A trade secret is both a type of IP and a strategy for protecting your IP. It includes proprietary knowledge (know-how) and other confidential information.
An ingredient of a chemical that gives the producer or manufacturer a business advantage over competitors. According to the OSHA Hazards Communication Standard, a manufacturer does not have to disclose the chemical name of a substance in the product if it is a trade secret. Sufficient information must still be provided to ensure safe use of the product.
a secret (method or device or formula) that gives a manufacturer an advantage over the competition
a business process and not a patentable invention
a commercially valuable plan, formula, process, or device
a duty to keep an invention secret, thus protecting it until a patent is issued or an invention is publicly disclosed
a form of intellectual property , a non-tangible asset, that brings commercial advantage
a formula, pattern, manufacturing process, method of doing business, or technical know-how that gives its owner a competitive advantage
a formula, process, device or any information that is not published, divulged or otherwise generally known, and gives a business a competitive advantage
a formula, process, device or item of information used by a business that has economic value because it is not generally known or easily discovered by observation or examination and for which reasonable efforts to maintain secrecy have been made
an item of confidential information concerning a commercial practices or even proprietary knowledge of a business
an item of information--commonly a customer list, business plan, or manufacturing process--that has commercial value and that the firm possessing the information wants to conceal from its competitors in order to prevent them from duplicating it
a process or device for continuous use in the operation of the business
a process or formula or algorithm that is used to make money
a process or formula with unique characteristics that is protected by keeping them secret
a property right recognized by the government with regard to confidential information
a secret method, device, process, or formula used to competitive advantage in business
a secret which gives its owner an actual or potential advantage in business that the owner exercises reasonable measures to maintain secret
a set of business information items or plans which, if revealed, could harm the business in relation to its competitors
a type of intellectual property that is not protected by a granted government right
a type of intellectual property which gives a competitive advantage to the knowledge holder, and in which the knowledge holder takes steps to keep secret
A secret method, formula or device that remains unpatented in order to keep it a secret.
A formula, pattern, devices or compilation of intellectual property which is used in business to gain an advantage over a competitor. Trade secrets are not protected by Federal law, but may be by State law. Use the "Back" button at the top of your screen to return to the previous screen.
a property protected by keeping it confidential or secret.
A device, method or formula that gives one an advantage over the competition and which must therefore be kept secret if it is to be of special value. It is legal to use reverse engineering to learn a competitor's trade secret. "Know how" concerning research procedures may function as something like a trade secret.
Trade secrets are what give some companies their competitive edge. They can be diverse from secret product formulas to confidential customer lists. Provisions for the confidentiality of trade secrets can sometimes be found in the Franchise Agreement.
Information is simply not disclosed. Once information comes out, all rights are lost.
Protection of unique methods, recipes, formulas.
Clearly identified proprietary business information for which reasonable efforts of confidentiality have been maintained. Some methods to keep a trade secret are non-disclosure agreements, notices of confidentiality, effective computer security, and preventing public disclosures of proprietary information.
Compare? Any confidential formula, pattern, process, device, information, or set of data that is used in a business to give the owner a competitive advantage. Such information may be excluded from public review.
A formula or process or device used in business that is not published or divulged which gives an advantage over competitors.
Information known to a trader and kept out of the public domain for business advantage. The law protects against damage done to a business through unauthorised disclosure of trade secrets, but not against independent discovery of the trade secret.
Information about a product or process kept secret from competitors.
Confidential company information that an employee knows about only because the employee worked for the employer. For information to be a "trade secret," the employer must make sure that the information doesn't become generally available to the public.
an innovation or knowledge of a production process that a firm does not disclose to others
See proprietary information.
knowledge and information that is not generally known to the industry. Examples include customer lists, business plans, and manufacturing methods.
information, including but not limited to, technical or non-technical data, a formula, pattern, compilation, program, device, method, technique, drawing, process, financial data, or list of actual or potential customers or suppliers, that is sufficiently secret to derive economic value. The information is not generally known to other persons and is subject of efforts to maintain its secrecy or confidentiality.
A process, method, plan, formula or other information unique to a manufacturer, which gives it an advantage over competitors, and therefore must be kept secret to be of special value. May be legally protected against use or revelation by others.
A form of intellectual property that protects company “know-how,” like the secret recipe for Pepsi.
Any confidential formula, pattern, process, device, information, or compilation of information that is used in commerce, and that gives the owner of that secret an opportunity to obtain an advantage over competitors who do not know or use it.
The Uniform Trade Secrets Act (UTSA) defines a trade secret as information, including a formula, pattern, compilation, program, device, method, technique, or process that (i) derives independent economic value, actual or potential, from not being generally known, and not being readily ascertainable by proper means by other parties who can obtain economic value from its disclosure or use, and (ii) is the subject of efforts that are reasonable under the circumstances to maintain its secrecy. Examples of a trade secret are both the formula and the manufacturing process of BR+ Herbal Complex.
A confidential formula, pattern, process, device or other proprietary business information that is considered commercially valuable and that provides its owner an opportunity for competitive advantage.
An intellectual property right protecting confidential information that arises in a commercial context.
A form of intellectual property consisting of know-how, formulae, processes, and confidential information that aren't disclosed as public information. Organizations have some legal protection against the involuntary disclosure of such information, based on their attempt to keep it secret (Hall).
Business information that is the subject of reasonable efforts to preserve confidentiality and has value because it is not generally known in the trade.
(a.k.a. Proprietary product or service) Knowledge in the possession of the franchisor that is revealed to the franchisee by the franchise transaction. Trade secrets may take the form of construction or operating procedures, a formula for the mixing of ingredients to prepare food or the classical customer list. Appropriate legal provisions written into the franchise agreement, such as a covenant not to compete, are important in protecting these trade secrets.
Knowledge of a manufacturing process that gives the owner an advantage over competitors who do not have it. Trade secrets are legally protectable.
In most states, a formula, pattern, physical device, idea, process, compilation of information or other information that 1) provides a business with a competitive advantage, and 2) is treated in a way that can reasonably be expected to prevent the public or competitors from learning about it, absent improper acquisition or theft.
A trade secret is a formula, practice, process, design, instrument, pattern, or compilation of information used by a business to obtain an advantage over competitors within the same industry or profession. In some jurisdictions, such secrets are referred to as "confidential information", while in others they are a subset or example of confidential information.