INDUSTRIAL SECRET

THE OLDEST FORM OF PROTECTING INNOVATION, WITH CONTRACTUAL FORMULAS

Confidential information of a proprietary nature that provides a competitive advantage over competitors can constitute a valuable asset that can be protected by trade secrets, as long as its confidentiality is maintained and ensured. To this end, it is advisable to bind the potential recipients (employees, collaborators, suppliers, strategic partners) of this confidential information through confidentiality agreements and other formulas that ensure the information communicated to any recipient.

In this way, manufacturing processes, assembly techniques, chemical formulas, product composition and any other type of technical and/or commercial information acquired through business experience, also known as "know-how", can be protected. Know-how can be the subject of legal transactions such as licensing or transfer, just like any other intangible asset of your company, and although it does not grant an exclusive right, its protection is obtained through mandatory confidentiality, as well as through unfair competition law and the criminal code, which punish the violation of trade secrets or the misuse of information communicated under an express or implied duty of confidentiality.

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