The issue for an inventor or a business owner of protecting their invention by means of Patent protection, or by seeking to protect it by means of a Trade Secret is an ever continuing debate with both methods having their individual pros and cons depending on the nature of your invention.

A useful article on the difference between Patents and Trade Secrets, this article covers the key points on the factors favouring Patents and the factors favouring Trade Secrets.

  • Factors favouring Patents
  • Factors favouring Trade Secrets

The link to the article is here.