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Intellectual Property

BananaIP Counsels > Intellectual Property (Page 102)

Is Trade Secrecy Always Possible?

This image depicts a confused and hesitant man working on a computer. This image is relevant because the post talks about the possibility of maintaining trade secrecy. Click on the image to view full post

Possibility of protection and a company's capability to protect a secret is indeed an important factor to be considered while defining the nature of protection. Though many factors may be in favour of trade secret protection over patent protection, the incapability of an organisation to maintain secrecy is a very important factor and may shift the balance. The kind of information sought to be safeguarded, measures required for protection, nature of business, organisation's stature and so on play a very important role in defining a company's capability to protect a trade secret. If the information sought to be protected is of...

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Why do Inventors Invent?

First Publication Date: 1st February 2010 Abraham Lincoln said, "Patents add fuel to the fire of genius". The role of the patent system is to encourage inventors by providing them incentives to give life to their ideas. As Lincoln rightly stated, the patent system provides the necessary encouragement to an inventive mind rather than creating one through its incentive system. The nature of the role played by the patent system in setting inventive minds in motion has been the subject of research at various levels. While some scholars concluded that the patent system does not play any role, others stated that...

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