Tangibly Inc is off to Texas this week for American Intellectual Property Law Association (AIPLA) Spring meetings...
...so I thought this "What is a Trade Secret" was timely:
WHAT IS A TRADE SECRET?
Under Section 134A.002(6) of the Texas Uniform Trade Secrets Act, a trade secret is information that has been protected by reasonable measures. The information is valuable because it adds a benefit to the product or service.
Trade secrets can be the ingredients in a recipe, a manufacturing process, or any other information that provides an advantage or key element to a business. The TUTSA states that Texas trade secrets include any business, scientific, technical, economic, or engineering information, as well as any design, prototype, plan, program device, code, or procedure related to a business.
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Here is a good overview by J. Stephen Hunnicutt:
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#tradesecrets #iplaw #legaltech
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