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Home Growth Roundtable

Competitive Strategy

Trade Secrets

Trade secrets are essential tools for establishing a competitive advantage in business.  Humans have been keeping secrets in business forever.   Intellectual assets were once managed only through controlled access to knowledge, and by keeping secrets.  People with advanced trade knowledge have an advantage in life. 

Today, trade secrecy remains an essential working tool.  They are, in fact, a prerequisite for filing a patent so all inventors need to treat them carefully.  The team must be aware of their confidentiality and non-compete obligations and any other policies you may have in place to manage secrets.  

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