Comment by sarchertech
18 hours ago
Who knows? If we’d never moved on from trade secrets to patents, we might be a hundred years behind.
18 hours ago
Who knows? If we’d never moved on from trade secrets to patents, we might be a hundred years behind.
Is that really the case in the last few years/decades?
My understanding is that any company that can (read: has enough money for good lawyers), will prefer to use trade secrets for a combination of reasons, a big one being that competitors cannot use that technology after 10 years/when the patent expires.
Admittedly this was from my entrepreneurship classes in a European uni, so I'm not sure how it is in different places in the world.