Trade Secret Legal Protection

Mintz Member Michael Renaud will be speaking on a panel titled "IP Monetization: Trade Secret – Harmonization or Counteraction?" which will discuss the legal challenges and issues of monetizing intellectual property through patents and trade secrets. The panel will explore the legal complexities of intellectual property monetization and provide insight into pressing, real-world challenge:

Legal Issues:

• Licensing trade secrets to third parties
• Commercializing trade secrets through joint ventures or partnerships
• Internal processes for maintaining confidentiality while commercializing trade secrets

Methods for Monetizing Trade Secrets:

• Explore the nature of the innovation
• What are competitive advantage considerations—long-term trade secret protection vs. temporary monopoly of a patent
• What are the market conditions and potential buyers/licensees—are they more likely to value the exclusivity of a patent or the secrecy of a trade secret?