D-trade-secret Dictionary
Trade Secret
Valuable know-how, such as a recipe, a starter culture or a feed formula, protected by being kept confidential
- Plain meaning
- Valuable know-how, such as a recipe, a starter culture or a feed formula, protected by being kept confidential
- How to use it
- Use confidentiality clauses, share on a need-to-know basis and sign a non-disclosure agreement before showing anyone how the product is made.
- South African benchmark
- South African courts protect confidential information where the owner took real steps to keep it secret.
- Country notes
- The same principle applies in all four local markets: once the secret is out, the protection is gone.
- Go and read
- C8 Lesson 8.8
- Calculate it
- No calculator; it is protected by contract and practice.
- Library sources
- LIB-A148
Introduced in C8 Value Add, Processing and IP.