Importance of Intellectual Property - ✔✔-article 1 section 8
-promote the progress of science and useful arts
TRUE OR FALSE - ✔✔companies should have a plan for intellectual rights
b/c you can't suck it back in after it's been taken
Trade Secret - ✔✔-knowledge or info
-*kept secret (reasonable measures taken)
-economic value
-uniform trade secrets act
Establishing the Existence of a Trade Secret - ✔✔-conduct a trade secret
audit to identify confidential knowledge-based resources
-preserve secrecy
, Preserve Secrecy by...... - ✔✔-lock written material
-secure computer
-impose confidentiality restrictions
-regulate visitors
-ask employees, customers, and business partners to sign nondisclosure
agreements
Demonstrating Misappropriation - ✔✔-misappropriation occurs when one
improperly acquires or discloses secret info
-independent creation and reverse engineering are exempted
-employee mobility and trade secrets
TRUE OR FALSE - ✔✔if you get info from someone w/ a secret & you
know it's secret, you can be charged w/ misappropriation too
Employee Mobility and Trade Secrets - ✔✔-confidentiality contracts forbid
employees from disclosing the knowledge obtained in workplace
-employers can enforce agreements not to compete only when there is a
valid business purpose for the contract
What is the EEA? - ✔✔-economic espionage act
-can be brought by the fed gov
Patent - ✔✔exclusive right to invention
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