Today the Norwegian Intellectual Property Office invited CIP’s Haakon Thue Lie to hold a lecture on how industry uses trade secrets and how it is combined with other intellectual property. The lecture was held as part of a series of presentations on “Commercial use of IPR” for employees and management. The EU directive on trade secrets will be implemented in Norway as part of the European Economic Area. In the EU the directive shall be implemented within June this year.
Haakon presented how the ambiguous term “lead time advantages” comprises trade secrets, and how this affects the understanding of the role of trade secrets and patent applications. The Community Innovation Surveys (CIS) of the European Union, as well as many scholarly studies, show that “lead time advantages” and “complexity of design” are the preferred appropriation mechanisms for product and process innovations. Policymakers and scholars may wrongly get the impression that these mechanisms are superior to trademarks, trade secrets, design registrations, copyrights or patents.