Study: Trade Secrets Loss Could Be 3 Percent of GDP Lisa Shuchman, Corporate Counsel March 4, 2014 | 2 Comments share share by mail share on linkedin Facebook share on twitter share on google+ Share With Email Send Thank you for sharing! Your article was successfully shared with the contacts you provided. print reprints A new study tries to quantify the impact of trade secret theft, and find ways to prevent it. Sign up for a free digital membership and get great benefits like: Already Registered? Sign In now Unlimited free access to Corporate Counsel and Law Technology News online 5 free articles* every 30 days, from other ALM publications Exclusive discounts on ALM events and products CC Corporate Counsel digital newsletter, plus your choice of more than 30 digital newsletters Access on the device of your choice: smartphone, tablet, or desktop Create Account with LinkedIn Register Now *May exclude premium content VIEW COMMENTS ( 2 ) ADD COMMENT What's being said Sign In Terms & Conditions not available Mar 10, 2014 Yet, we see how economies with lower levels of trade secret protection generate more RoI for investors, more jobs and higher level jobs. Was that taken into consideration in the study? not available Mar 05, 2014 Agreed that theft of trade secret costs lots of money also business opportunities/market shares of a company. The most difficulty of assessing remedies falling on whether there existing a practical and efficient legal system. Taiwan had effect a revision of its Trade Secret Protection Act last January which expanded the types of unauthorized disclose or use of someone‘s treed secret by former employees or competitors to facilitate the plaintiff to file the lawsuit against thieves of trade secret, however, there still be a long way in China to seek for such protection of corporate trade secret. Comments are not moderated. To report offensive comments, click here. Preparing comment abuse report for Article# 1202645232302 Send Thank you! This article's comments will be reviewed.