What Is Trade Secret Misappropriation

The different types of “infringement” are:

(1). Patent Infringement.

Patent infringement is caused by using or selling a patented invention without permission from the patent holder;

(2). Copyright Infringement.

Copyright infringement is reproducing, distributing, displaying or performing a work, or to make derivative works, without permission from the copyright holder, which is typically a publisher or other business representing or assigned by the work’s creator. It is often called “piracy.” There are limitations and exceptions to copyright, allowing limited use of copyrighted works, which does not constitute infringement. An example of such doctrines are “The Fair Use and Fair Dealing

Trade Secret Misappropriation.

Trade secret misappropriation is different from violations of other intellectual property laws (IPL), since by definition trade secrets are “secret,” while patents and registered copyrights and trademarks are publicly available. In the United States, trade secrets are protected under state law, and states have nearly universally adopted the Uniform Trade Secrets Act. In Commonwealth Common Law jurisdictions, confidentiality and trade secrets are regarded as an equitable right rather than a property right but penalties for theft are roughly the same as the United States.

Corruption plays a major negative factor facing the “emerging market” in respect to intellectual property (IP). Corruption is “the abuse of entrusted power for private gain.” There are two (2) types of corruption:

(1). Grand Corruption.

Grand corruption consists of acts committed at a high level of government that distort policies or the central functioning of the state, enabling leaders to benefit at the expense of the public good;

(2). Petty

The cost of corruption can be divided into four (4) main categories:

(1). Political.

Corruption is a major obstacle to democracy and the rule of law. It is extremely challenging to develop accountable political leadership in a corrupt climate;

(2). Economic.

Corruption depletes national wealth. Corrupt politicians invest scarce public resources in projects that will line their pockets rather than benefit communities, and prioritize high-profile projects such as dams, power plants, pipelines and refineries over less spectacular but more urgent infrastructure project, such as schools, hospitals and roads;

(3). Social.

Corruption undermines people’s trust in the political system, in its institutions and its leadership. A distrustful or apathetic public can then become yet another hurdle to challenging corruption; and

(4). Environmental.

Another form of corruption is th lack of, or non-enforcement of environmental regulation and legislation means that precious natural resources are carelessly exploited and entire ecological systems are ravaged. From mining, logging, carbon offsets,

companies across the globe continue to pay bribes in return for unrestricted