Trade secrets don’t need to be enforced much by law. You can create an ad hoc trade secret regime by simply keeping your secret between a few key employees. As it happens, there are some laws that go beyond that to help companies keep the secret, but that only extends something that could happen naturally.
Trade secrets don’t need to be enforced much by law. You can create an ad hoc trade secret regime by simply keeping your secret between a few key employees. As it happens, there are some laws that go beyond that to help companies keep the secret, but that only extends something that could happen naturally.
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Being free to innovate and keep your own ideas to yourself sounds like it should be part of the free market though.
Forcing people to disclose their (mental) secrets seems bizarre.
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What definition are you going by?
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And why should I listen to someone that defines a word differently than everyone else?
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Can you point to a few examples of economists using it? Obviously I won’t count Lemmy users.