IT Firm Strategy
Trade secrets are confidential business information that provides a competitive edge to a company. This can include formulas, practices, processes, designs, instruments, or any proprietary knowledge that gives a business an advantage over its competitors. Protecting trade secrets is crucial for maintaining competitive advantage and is often more beneficial than patenting, as there is no time limit on the protection as long as the information remains secret.
congrats on reading the definition of trade secrets. now let's actually learn it.