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sometimes an inventor or business decides that the best way to protect their IP is to just keep it a secret from everyone else these are called trade secrets and they include things like formulas processes designs methods of manufacturing products and compilations of information some famous examples of trade secrets include the recipe for coca-cola the eleven spice and earth blend used by Kentucky Fried Chicken and Googleamp;#39;s search algorithm itamp;#39;s important for companies to keep their information safe so other people and companies canamp;#39;t use it to create a similar product and sell it themselves protecting trade secrets is a do-it-yourself process one doesnamp;#39;t file for formal protection for trade secrets like they would for patents or copyrights owners of trade secrets simply keep the information secret there are legal protections for trade secrets such as a nondisclosure agreement for anyone with knowledge of the information usually only a few people
