Trade Secrets: What You Need to Know – Legamart

So according to legamart, A trade secret is defined as information that has independent economic worth because it is not widely known or easily ascertainable, and it is the subject of efforts to keep it secret under the Uniform Trade Secrets Act (“UTSA”). Trade secrets, unlike copyrights, patents, and trademarks, are not registered with the government. They can, however, constitute a company’s most valuable intellectual property assets in some situations.