Trade Secrets

Company secret In the post-Cold War era, intensified competition in the international economy has redefined the background of spying activities as each country has linked national security and economic security. This means that secret proprietary economic information is stolen and the estimated loss is between $ 240 billion and $ 100 billion. In this distrustful atmosphere, intelligence agencies are expanding to collect economic secrets from focusing on military secrets.

Detailed technology / intellectual property / trade secret: proprietary software or method is where most technology companies leave. These trade secrets include hard technology issues, new inventions, new processes, new technologies and new solutions to patents that protect later developed intellectual property (IP). Over time, corporate intellectual property can evolve from specific engineering solutions to cumulative operational knowledge, or insight into problems and processes. Higher conversion cost: After customers use your product, I hope that it will be difficult as long as I can switch to a competitor. You can build this stickiness through standardization, either from the lack of alternatives to integration into other applications or data sources, or to build a deeply valuable workflow that customers trust. None of these can be used as a form of lock which makes it difficult for customers to leave.

Trade secret company secret is a big asset for startup. As long as the trade secret maintains its confidentiality and gains value through its confidentiality, they are cost-effective and durable. With the trade secret rights, rights holders can act against those who violated an agreement or confidential relationship, or who stealed or used other inappropriate means to obtain confidential information . Trade secrets range from computer programs to customer lists and Coca-Cola officials.