Protection of Trade Secrets in the Field of Information Technology
“Trade secret” can be a formula, compilation, program, method, technique, or process that derives independent economic value, actual or potential, from not being generally known to the public. While the economic value of a trade secret is usually difficult to determine, it can provide an important...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Danubius University
2018-05-01
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| Series: | EIRP Proceedings |
| Subjects: | |
| Online Access: | http://proceedings.univ-danubius.ro/index.php/eirp/article/view/1910/1982 |
| Summary: | “Trade secret” can be a formula, compilation, program, method, technique, or process that derives
independent economic value, actual or potential, from not being generally known to the public. While the economic
value of a trade secret is usually difficult to determine, it can provide an important competitive advantage for the
owner. In this article, we emphasize the importance of trade secrets for firms and the economy and the risks to trade
secrets posed by computerization and by departing employees. Next, we present an outline of the legal framework for
the protection of trade secrets and summarize a number of trade secret cases. Finally, we draw our conclusion. |
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| ISSN: | 2067-9211 2069-9344 |