[Blog] Trade Secret or Patent: Playing the Right Card
What is the difference between trade secrets/business secrets and patents? Is the protection of patents stronger than that of trade secrets?
When deciding how to protect newly developed technology, it is necessary to consider many factors, from the potential for licensing the invention to the pace of development and the level of competition within the industry. Before choosing either option to protect intellectual property, it is essential to fully understand the relative advantages and disadvantages of trade secrets and patents. A trade secret refers to confidential information about a product, service, or commercial process that is known only to a limited number of people. In contrast, a patent is a legal right that excludes others from using a certain invention, such as a machine, manufactured product, technical method, or industrial process, for a specified period. You must choose whether to obtain a patent and disclose the technology to gain legal rights that exclude others from using a certain invention, such as a machine, manufactured product, technical method, or industrial process, or to keep the components, ingredients, or design of the product confidential. *For more details, please refer to the full text via the related link.*
basic information
*For more details, please see the related link.
Price range
Delivery Time
Applications/Examples of results
*For more details, please see the related link.
