The cost of trade secrets: don’t overlook the psychological price being paid

By Wilkof N. Trade secrets are often championed as a low-cost way of protecting valuable technology. Compare a trade secret with a patent: no applications, no prosecution and no renewals. If the trade secret is difficult or impractical to reverse engineer, and the proprietor of the trade secret enjoys a first mover advantage, …read more

Source:: Journal of Intellectual Property Law & Practice