Personnel have the following duties:
Lab notebooks are controlled as potentially containing Trade Secret information.
Invention Disclosures contain information that may provide Sharklet with a competitive advantage. If you have an idea for an invention:
Trade Secrets include information that has economic value from the fact that it is secret. Trade secrets cannot generally be known to the public, industry competitors, or others who could realize economic value from disclosure or use. The information must be treated as a secret, and reasonable efforts taken to maintain secrecy.
Some famous things that are protected by trade secrets are:
Unlike a patent, a trade secret does not expire. A patent may provide information to the public that could result in other companies creating competition for your product once your patent expires; but if your secret is unlikely to be reverse engineered, keeping it as a trade secret may protect you for longer than a patent would have.
Sharklet controls trade secrets in the following ways: