#trade secrets

2 articles tagged with this topic

◈ Explanation⚡ Quick ReadAdvancedInnovation & Technology › Innovation & Technology Policy

Trade Secrets — The IP That Never Expires

Coca-Cola's formula. KFC's 11 herbs and spices. Google's PageRank algorithm. Trade secrets are the form of intellectual property with no expiration date — but also no government protection. Here's how trade secret law works and why companies sometimes choose secrecy over patents.

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◈ Explanation🔬 Deep DiveAdvancedInnovation & Technology › Innovation & Technology Policy

Trade Secrets vs. Patents — Why Coca-Cola Never Patented Its Formula

Coca-Cola could have patented its formula in the 1880s. It chose not to. That decision is still paying off 140 years later. Here's the strategic logic behind trade secrets — and when they beat patents.

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