In this article, we covered some of the most common trade secret questions. We talked about the definition of a trade secret, the differences between trade secrets and other forms of intellectual property, how trade secrets are created, transferred, and how long they last, went over some real-life examples of trade secrets, and talked about reverse engineering, misappropriation, and remedies.
Now, you should have a much better appreciation of trade secrets and what makes them so "secret" and valuable. We also encourage you to read related articles on intellectual property to gain a better understanding of this area of the law.