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D-trade-secret Dictionary

Trade Secret

Valuable know-how, such as a recipe, a starter culture or a feed formula, protected by being kept confidential

All termsIntroduced in Module 8Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
Valuable know-how, such as a recipe, a starter culture or a feed formula, protected by being kept confidential
How to use it
Use confidentiality clauses, share on a need-to-know basis and sign a non-disclosure agreement before showing anyone how the product is made.
South African benchmark
South African courts protect confidential information where the owner took real steps to keep it secret.
Country notes
The same principle applies in all four local markets: once the secret is out, the protection is gone.
Go and read
C8 Lesson 8.8
Calculate it
No calculator; it is protected by contract and practice.
Library sources
LIB-A148
See also
Patent, Trademark
Value-add steps from raw crop to packed product with rising valueValue-add: each step multiplies what the crop is worthx 1.0Raw cropx 1.3Cleaned and gradedx 2.0Processedx 3.0Packed and brandedIllustrative multipliers: each step also adds cost, skills and equipment.
From Module 8, Value Add, Processing and IP, where this term is introduced.

Introduced in C8 Value Add, Processing and IP.