Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia

Research Article

Trade Secret Theft: Legal Measures And Challenges in Indonesia

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  • @INPROCEEDINGS{10.4108/eai.6-5-2023.2333548,
        author={Agung  Nugroho and Ahmad  Redi},
        title={Trade Secret Theft: Legal Measures And Challenges in Indonesia},
        proceedings={Proceedings of the 3rd International Conference on Law, Social Science, Economics, and Education, ICLSSEE 2023, 6 May 2023, Salatiga, Central Java, Indonesia},
        publisher={EAI},
        proceedings_a={ICLSSEE},
        year={2023},
        month={7},
        keywords={trade secret legal measures indonesia challenge},
        doi={10.4108/eai.6-5-2023.2333548}
    }
    
  • Agung Nugroho
    Ahmad Redi
    Year: 2023
    Trade Secret Theft: Legal Measures And Challenges in Indonesia
    ICLSSEE
    EAI
    DOI: 10.4108/eai.6-5-2023.2333548
Agung Nugroho1,*, Ahmad Redi1
  • 1: Universitas Borobudur, Indonesia
*Contact email: an@agungnugroholawfirm.com

Abstract

Industries in the economic field such as trade have a large economic impact on the country. Each industry has a strategy to continuously increase its revenue, maintain market stability, conduct operations, etc. Every company has a way of securing confidential information as set forth in a work agreement, or an agreement that specializes in trade secrets, apart from that way the security of trade secret information is also regulated by laws and regulations. Even though there is an agreement that requires keeping secrets, it is often 'cheating' for the spread of confidential information from companies/trade. The result showed that the term "trade secret" refers to economic-related confidential information. Information that is a trade secret is information about technology or business that no one else knows about, has economic value because it can be used in business, and is kept secret by the owner. The biggest challenge in protecting trade secrets is identifying which information should be protected.