Oct. 9, 2024
How California's unique 'trade secret' definition fuels innovation
See more on How California's unique 'trade secret' definition fuels innovationCalifornia's economic success is driven by its robust trade secret laws and rejection of non-compete clauses, fostering workforce mobility and entrepreneurial freedom.
As the fourth-largest economy on the planet, California's trade secret laws are pivotal in fueling its innovation-driven economy. The state's economic dominance is fueled by its statutory safeguards for trade secrets and its commitment to free and fair competition. Since 1985, the California Uniform Trade Secrets Act (CUTSA) has served to protect competitively sensitive confidential business information. Since the Gold Rush, California's historic rejection of non-compete clause...
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