Proceedings of the 2nd International Conference on Law, Economic, Governance, ICOLEG 2021, 29-30 June 2021, Semarang, Indonesia

Research Article

Protecting Micro, Small, and Medium Enterprise Products through Trade Secrets as the Intellectual Property in Indonesia

Download363 downloads
  • @INPROCEEDINGS{10.4108/eai.29-6-2021.2312665,
        author={Zulfi  Chairi and Saidin  Saidin and Tan  Kamello and Hasim  Purba},
        title={Protecting Micro, Small, and Medium Enterprise Products through Trade Secrets as the Intellectual Property in Indonesia},
        proceedings={Proceedings of the 2nd International Conference on Law, Economic, Governance, ICOLEG 2021, 29-30 June 2021, Semarang, Indonesia},
        publisher={EAI},
        proceedings_a={ICOLEG},
        year={2021},
        month={10},
        keywords={intellectual property protection trade secrets},
        doi={10.4108/eai.29-6-2021.2312665}
    }
    
  • Zulfi Chairi
    Saidin Saidin
    Tan Kamello
    Hasim Purba
    Year: 2021
    Protecting Micro, Small, and Medium Enterprise Products through Trade Secrets as the Intellectual Property in Indonesia
    ICOLEG
    EAI
    DOI: 10.4108/eai.29-6-2021.2312665
Zulfi Chairi1,*, Saidin Saidin1, Tan Kamello1, Hasim Purba1
  • 1: Universitas Sumatera Utara
*Contact email: zulfi@usu.ac.id

Abstract

Competition in the globalization era requires protecting trade secrets of Micro, Small, and Medium Enterprises (MSMEs) products. MSMEs have strategies that should be kept from other people or companies. MSMEs as business actors have a very strategic role in the Indonesian economy. The products of MSMEs in Indonesia are born from valuable thoughts and ideas, have high economic value, are unique, have the potential to develop rapidly, and have competitive prices. Therefore, they need to be protected through trade secrets. This study aims to analyze the development of MSMEs in Indonesia and the urgency of trade secret protection for MSME products. This study uses the normative juridical method. The data were secondary data, including primary and secondary legal materials. The results show that MSMEs in Indonesia have experienced very significant developments in the national economy. The importance of trade secret protection for MSMEs products is to prevent fraud between business actors to healthy competition. Also, MSMEs players can exploit their products with a sense of security, creating a climate or business condition that allows people to create products or other subsequent innovations.