Trade Secret Consultant

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Week One Discussion: Trade Secret Consultant
Due Sun Nov 22 @ 8:59 pm PST • 5% weight
Introduction
Every business has potential trade secrets that could become legally protectable if only the
owner would take reasonable steps to prevent their public disclosure. Companies that derive a
competitive advantage from the information it develops over time may protect that
information as a trade secret. However, the owner must take steps that are reasonable under
the circumstances to ensure that the secret isn’t inadvertently misappropriated either through
employee ignorance, lack of protective measures or simple failure to recognize the secret as a
trade secret.
Objectives
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Explain the types of intellectual property and personality interests
Identify protectable interests and rights holders
Describe how to preserve rights in intellectual property and personality interests
Understand how trade secret laws can be violated, along with potential penalties
Assignment Instructions
Part 1: Find an article describing a trade secret case, whether decided or in progress.
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Describe the gist of the lawsuit—trade secret cases are interesting so be sure to include
enough detail so your classmates know what happened. If the court ruled, what was the
finding and punishment (if guilty)?
Part 2: Think of a trade secret that could arise in your business or area of interest. It must meet
the basic trade secret criteria of (a) giving you an advantage in your business and (b) not being
something the public can easily obtain from other sources such as books, the Internet or
experts in the field. If you developed the secret, how would you protect it?
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Explain the secret.
Discuss the means you would use, considering whether physical (e.g., notices, locks),
contractual (e.g. non-disclosure, non-compete agreements) and/or operational (e.g.,
policies, procedures) safeguards would be needed.
Explain how these measures will help prevent others from learning the secret.
Deliverable
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Enter an initial post by Wednesday (11:59 pm Eastern). Minimum 3 paragraphs.
Include references in APA format.
Ensure posts are written in a professional manner with proper spelling and grammar.
Grade Weight 5%
I am looking for detailed, in-depth posts that demonstrate your knowledge of the course
materials by bringing in information from those materials to support your responses. Your
writing must be clear, organized and include proper spelling and grammar. Outside references
must be cited.

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