Review:
Trade Secrets
overall review score: 4.5
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score is between 0 and 5
Trade secrets are valuable pieces of information that give a business a competitive edge and are kept confidential to maintain their value.
Key Features
- Confidentiality
- Economic value
- Competitive advantage
Pros
- Can provide a competitive edge in the market
- Do not expire like patents and copyrights
- Can be used to protect a wide range of information
Cons
- Difficult to enforce if leaked or stolen
- May require high levels of security measures to protect