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A Trade Secrets Framework and Strategic Approaches

Oleksandra Ozcan Orcid Logo, David Pickernell Orcid Logo, Paul Trott Orcid Logo

IEEE Transactions on Engineering Management, Volume: 71, Pages: 10200 - 10216

Swansea University Author: David Pickernell Orcid Logo

Abstract

Trade secrets are key assets for innovative, successful, companies. Compared to other intellectual property (IP), trade secrets require different approaches to protect and embed them into company innovation strategies. Previous literature has not, however, provided a comprehensive evaluation of the...

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Published in: IEEE Transactions on Engineering Management
ISSN: 0018-9391 1558-0040
Published: Institute of Electrical and Electronics Engineers (IEEE) 2024
Online Access: Check full text

URI: https://cronfa.swan.ac.uk/Record/cronfa63567
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Abstract: Trade secrets are key assets for innovative, successful, companies. Compared to other intellectual property (IP), trade secrets require different approaches to protect and embed them into company innovation strategies. Previous literature has not, however, provided a comprehensive evaluation of the strategic approaches towards trade secrets. This paper benefits from a systematic literature review (SLR) method to examine trade secrecy approaches with a theoretical lens using both dynamic capabilities (DC) and resource based view (RBV) approaches. Fifty articles are carefully selected and examined to build a ‘strategic directions and approaches’ framework for companies to protect and benefit from their trade secrets. This study therefore offers both academic and practical value by identifying a dynamic, structured, view of available trade secrecy approaches, the foundations for a unified trade secrecy framework, and a future research agenda.
Keywords: Trade Secrecy Approaches, Dynamic Capability, Resource Based-view, Innovation Appropriation
College: Faculty of Humanities and Social Sciences
Start Page: 10200
End Page: 10216