Competitive Advantage from Trade Secrets

Trade Secrets are present in most business forms and while they are present, they provide immense business advantage. It is important for every business set up to identify the trade secrets it holds and to protect them to the optimum level to reap their benefits. While there is no scheme of protection provided under the Indian Law for safeguarding one’s trade secrets, there are innumerable number of methods by which one can effectively protect the same. This video attempts to equip the viewer with the fundamental attributes of a trade secret thereby enabling identification of trade secrets present in a business. The video then explains various methods of safeguarding the trade secrets with practical examples and further delves into the factors which one has to consider in order to determine the protection strategy. This video offers the following in relation to Trade Secrets: - Basic understanding and essential attributes - Various Protection measures - Misappropriation and the Remedies - Factors to be considered in determining the protection strategy