(Professor/Instructor) (College/University/Institute)
In the definition given by the World Intellectual Property Organization (WIPO), trade secrets, simply stated, are any “confidential business information which provides an enterprise a competitive edge.” These secrets embrace areas commercial/industrial activities, and the illegal use or distribution of the information conducted by parties other than the owner of such information is deemed as a breach of the law as an “unfair trade practice.” Depending on the legal jurisprudence operating in the state, the safeguarding of these secrets is an integral component of how the practice of suppressing illegal trade practices is understood; it can also ...
