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Comments On Trade Secret Sharing In High Velocity Labor Markets, Michael Risch

Michael Risch

This essay is an edited and supplemented version of comments made during the 2008 AALS Annual Meeting Section on Law & Economics panel. The comments relate to information sharing in high velocity labor markets such as Silicon Valley, as discussed by presenter Alan Hyde. The essay discusses four topics. First, it agrees with the principle that trade secret law does generally not provide an independent incentive to generate secret information. Second, it asserts that trade secret law in California is strong when applied to valuable information, and that "information sharing" in high velocity markets is likely primarily tangential to core …