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Why would the company relying on scarcity of knowledge they deem "trade secrets" to gather revenue instead of directly being productive? Expecting unbounded on
by treyd 3y ago
Why would the company relying on scarcity of knowledge they deem "trade secrets" to gather revenue instead of directly being productive? Expecting unbounded ongoing revenue from a constant amount of work they did once to describe the "trade secrets" into code is extractive and doesn't incentivize future productivity.
- jonathanstrange 3y agoAny product that requires many years of R&D has to rely on trade secrets or on software patents, since otherwise the company could not possibly compete with copycats who reverse engineer their know how and therefore have zero R&D costs. There is often no other way, not every market is based on constant fake innovation and feature creep.
- oofdoof 3y agoIt’s still a valid strategy and it makes sense in the current economic system.
- treyd 3y agoIt's not really tenable because it just takes someone without a profit motive to reimplement it or something that can substitute for it and the business model breaks. There's countless examples of this.