IPRs / TRADE SECRETS
Protecting confidential know-how.
Trade secrets can protect technical or commercial information that is secret, has commercial value because it is secret, and is subject to reasonable steps to keep it secret.
TRADE SECRETS
Key considerations.
What trade secrets protect
Secret information with commercial value, including know-how, data, methods and processes.
Reasonable steps
Protection depends on practical measures being taken to preserve secrecy.
Access controls
Access should be limited to those who genuinely need the information.
Confidentiality terms
Appropriate obligations should cover employees, contractors, suppliers and collaborators.
Disclosure management
External discussions should be planned so commercially sensitive information is not exposed unnecessarily.
Ongoing governance
Trade secrets should be identified, recorded and reviewed as the business develops.
This page provides general information rather than advice on any particular circumstances. The appropriate protection depends on the relevant subject matter, disclosures, territories and commercial objectives.
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