Non Disclosure Agreements — the value of keeping secrets in business is not chicken feed
Have you ever wondered what are the ‘11 Secret Herbs & Spices’ of the Kentucky Fried Chicken (KFC) recipe?
Deeper Dive Article
Do you know the reason why Colonel Harland David Sanders, the American businessman best known as the founder of the international brand KFC, (or just ‘The Colonel’ to his customers), chose not to formally patent the secret signature taste of the brand KFC, but rather used a Non-Disclosure-Disclosure Agreement?
- A Non-Disclosure Agreement (NDA) simply keeps the Colonel's secret recipe, well, secret.
The answer lies in the fact a patent is a publicly registered document of an invention, design, concept or composition that could be used by unscrupulous people to replicate a particular invention, design, concept or composition.
