How To Decide Whether To Patent Something Or Keep It As A Trade Secret

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How To Decide Whether To Patent Something Or Keep It As A Trade Secret

Michael Cohen (Michael N. Cohen, Esq.) gives expert video advice on: How do I decide whether to patent something or to keep it as a trade secret?

How do I decide whether to patent something or to keep it as a trade secret?

There is a fine line between patent and trade secret and they sometimes merge a little bit. If you feel that you do not want to disclose the inner workings of your invention, then you should maintain it as a trade secret. However, if you do file a patent for something, you have to realize that within eighteen months from the filing date, it will be public and the public can access your pending patent application at any time.