Lesson 14 · Entrepreneurship for Graduate Students

14. Patents, Trade Secrets, and Disclosure Timing for Researchers

After this lesson you can

  • Compare patents, utility models, copyright, industrial designs, trade secrets, trademarks and database rights, including what each does not protect
  • Explain the three shared patentability criteria and why systems differ on software, business methods and diagnostics
  • Explain disclosure, grace periods, priority dates and international applications as concepts
  • Reason about when secrecy may fit better than patenting and what reasonable secrecy steps involve
  • Explain, with three studies and their limits, why patenting is a sector-dependent choice
  • Build an IP inventory with one question for a professional beside each item

Video coming soon

Videos are planned to publish from December 2026.

The first of two protection lessons. It compares the main forms of IP protection at treaty level, explains patentability, disclosure, grace periods and priority as concepts, and reviews when secrecy may fit better than patenting and why patenting depends on sector.

Questions and answers

Questions a learner would ask about this lesson. Think through your own answer before you open each one.

  1. Does a patent let me sell my product?
    Show answer

    No. A patent is a time-limited right to exclude others from making, using, selling or importing a claimed invention, in exchange for disclosing how it works. Your product might still use something covered by someone else's patent, which is why professionals run a freedom-to-operate check on whether making or selling a product may infringe others' rights.

  2. Which forms of IP protection need registration?
    Show answer

    Patents and utility models are granted through an application, usually with examination, and trademarks and industrial designs are commonly registered. Copyright arises automatically in most systems when a work is created and covers expression, not ideas. Trade secrets need no registration but exist only while information stays secret through reasonable steps.

  3. What are the shared patentability criteria?
    Show answer

    Under TRIPS Article 27, patents are available for inventions that are new (novelty), not obvious to a person skilled in the field (inventive step), and capable of industrial application, which some systems read as useful. Systems still differ on eligible subject matter such as software, business methods and diagnostics.

  4. When might keeping something secret fit better than patenting it?
    Show answer

    The lesson lists processes that cannot be worked out from the product, back-end methods customers never see, short technology lifecycles and enforcement a venture could not afford. Secrecy cannot stop independent discovery or reverse engineering, and an accidental public disclosure ends the secret. The choice is made with a professional.

  5. Does every serious venture patent?
    Show answer

    No. The 2008 Berkeley Patent Survey found patent holding at 97 percent of VC-backed biotech startups but 67 percent of VC-backed software startups, and about 25 percent of all software startups. The patent "lottery" study found a first patent helped growth for US startups that applied, mainly through better access to funding, but that is an average for one population. Patenting is a strategic, sector-dependent choice.

Practice quiz

  1. Question 1
    Which protection arises automatically without registration in most systems?
  2. Question 2
    The three shared patentability criteria under TRIPS are novelty, inventive step, and:
  3. Question 3
    In the Farre-Mensa, Hegde and Ljungqvist study of US startups, receiving a first patent was linked over five years to:
  4. Question 4
    Founder B's analysis workflow is an internal method clients never see. The protection most likely worth discussing is:
  5. Question 5
    The Berkeley survey found patent holding among VC-backed software startups was about:
  6. Question 6
    Comparing like with like, how many percentage points higher was patent holding among VC-backed biotech startups (97 percent) than among VC-backed software startups (67 percent)?
  7. Question 7
    As concepts, the Paris Convention priority period for patents is 12 months, and national decisions under the PCT are usually due at 30 months from priority. How many months after the Paris period ends are PCT national decisions usually due?
  8. Question 8
    Which item appears on the lesson's list of things secrecy cannot stop?
  9. Question 9
    In the lottery study, through what main channel did a first patent help startups grow?
  10. Question 10
    A right in the new or original appearance of a product, such as its shape or pattern, is:

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Entrepreneurship for Graduate Students is education, not legal, tax, financial, or immigration advice. Bring questions about your own situation to your university technology transfer office, a licensed professional, or the right campus office.