A Trade secret

noun: trade

secret; plural noun: Trade secrets, a secret

device or technique used by a company in manufacturing their products.

United States:

The Uniform Trade Secrets Act (“UTSA”) defines a trade secret as:

information, including a formula, pattern, compilation, program, device,
method, technique, or process, that derives independent economic value, actual or potential, from not being generally known to or readily ascertainable through appropriate means by other persons who might obtain economic value from its disclosure or use; and is the subject of efforts that are reasonable under the circumstances to maintain its secrecy.

The UTSA has been enacted by 40 states and the District of Columbia. Prior to the development of the UTSA, improper use or disclosure of a trade secret was traditionally a common law tort. Sections 757 and 758 of the Restatement of Torts (1939) provided the basic principles of trade secret law that were widely adopted by U.S. courts. How is 757, comment b described, in detail, in determining whether an information constitutes a trade secret?..

For more information see:

https://www.law.cornell.com (Law/Pope). How

do Coca Cola formula work, can you use it to make it a trade secret.?

Trade secrets are protected by law. Their owner and use by others is different. The IP and documents

and trademarks don’t have intrinsic value.