Patents Vs. Trade Secrets: Which is Best for You?

Patents vs trade secrets, what's the difference? In this video patent attorney Jubin Dana, of Dana Legal Services and @ThePatentGuru, discusses the difference between patents and trade secrets and what might be most beneficial to you.

The first difference between patents and trade secrets is the visibility or who knows about the idea/secret. Patents are filed with the USPTO and if granted, the document is later published to the public. Trade secrets, on the other hand, are... secret! They are not shared unless under a confidentiality agreement. Secondly, if granted, patents last for 20 years after their initial filing date, while trade secrets are secret for as long as possible without an outside party discovering the secret on their own. Lastly, patents can be prevented from being replicated, where trade secrets can be reengineered, and potentially someone else could rediscover your trade secret. Are you interested in a patent or a trade secret? Would you like to know more about the process? Book a free consultation with us today!

Disclaimer: Nothing on this channel should be taken as legal advice. The information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

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