Trade Secret Economics and Value

les Nouvelles - Journal of the Licensing Executives Society, Volume LVIII No. 1, March 2023

7 Pages Posted: 31 Mar 2023

Date Written: January 25, 2023

Abstract

Like other forms of intellectual property (IP), trade secret value may arise from two primary sources. The first is proprietary competitive advantage gained through use of the IP coupled with the right to exclude others from such use. The second is by monetizing IP directly through licensing to others. While stand-alone trade secret licensing may not be as common as with other forms of IP, it does occur.1

Governments provide patent holders the right to exclude others using a patented invention for a limited time based in part on invention disclosure. In contrast, the right to exclude others from use of a trade secret arises from limited disclosure and reasonable efforts to maintain secrecy.

Keywords: Trade Secrets, Economics, Values, Intellectual Property, IP

Suggested Citation

Perdue, Glenn, Trade Secret Economics and Value (January 25, 2023). les Nouvelles - Journal of the Licensing Executives Society, Volume LVIII No. 1, March 2023, Available at SSRN: https://ssrn.com/abstract=4337753

Glenn Perdue (Contact Author)

Kraft Analytics, LLC ( email )

555 Great Circle Road
Nashville, TN 37228
United States
615-782-4206 (Phone)

HOME PAGE: http://www.kraftcpas.com/gperdue

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