ARTICLE · 21 JULY 2021

Protecting An Invention - A Discussion On Patents And Trade Secrets

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Patents and trade secrets are two of the popular ways of protecting an invention. However, patents and trade secrets adopt different approaches in providing protection.

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Meghana Puranikmath

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Patents and trade secrets are two of the popular ways of protecting an invention. However, patents and trade secrets adopt different approaches in providing protection. Hence, it is important to weigh in the benefits and the drawbacks of each of them before choosing the suitable one. Read more...

Protecting an invention - A discussion on patents and trade secrets

Patents and trade secrets are intellectual property intended to protect inventions, using different approaches. "Patent" gives one right to exclude others from making, selling, using or importing a claimed product or process, in exchange of fully public disclosure of your invention. In lieu, "trade secret", a self-explanatory term pertains to information, used in business ("trade"), that is not supposed to be known to the public or others in the industry ("secret"). Trade secrets covers valuable and secret information from formula, process to business information, which derive its commercial value from

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