Useful WIPO guide on Trade Secrets and Innovation

Exporters invest lots of time, effort and money in finding customers and developing products to meet the requirements of the buyers

In recent years, many exporters and importers have felt aggrieved that the confidential data they furnish to the Customs through the ICEGATE portal are sold by certain individuals/organisations despite the deterrence provided in Section 135AA of the Customs Act, 1962. They should now go through the ‘Guide to Trade Secrets and Innovation’ brought out by the World Intellectual Property Organization (WIPO) and strategize their responses.

The WIPO’s guide has separate sections dealing with strategic roles of trade secrets in the innovation ecosystem, basics of trade secret protection, trade secret management, trade secrets in litigation, trade secrets in collaborative