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Why would a company use trade secrets to protect their inven

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Reference no: EM131199120 , Length: 500 Words

Why would a company use trade secrets to protect their invention? Wouldn't it make more sense to patent something? See attached document Wolfe Electric, Inc. v. Duckworth as an example.

500 words required. Please add citations and references. Prepare answer from your thoughts.

Attached document is for 

  • 161 Lab.Cas. P 61,193
  • 266 P.3d 516
  • 293 Kan. 375
  • 33 IER Cases 555
  • WOLFE ELECTRIC, INC., Appellee,
  • v.
  • Terry J. DUCKWORTH and Global Cooking Systems, LLC, Appellants.
  • No. 99,536.
  • Supreme Court of Kansas.

Verified Expert

At times trade secrets are preferred over patents due the various advantages they offer. Such as mentioned below:- • Trade secret protection is for the indefinite time period till the information remains secret whereas patents are valid for a particular duration approximately 20 years or so ( Lobel, 2013).

Reference no: EM131199120

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