Protecting Micro, Small, and Medium Enterprise Products through Trade Secrets as the Intellectual Property in Indonesia

Competition in the globalization era requires protecting trade secrets of Micro, Small, and Medium Enterprises (MSMEs) products. MSMEs have strategies that should be kept from other people or companies. MSMEs as business actors have a very strategic role in the Indonesian economy. The products of MSMEs in Indonesia are born from valuable thoughts and ideas, have high economic value, are unique, have the potential to develop rapidly, and have competitive prices. Therefore, they need to be protected through trade secrets. This study aims to analyze the development of MSMEs in Indonesia and the urgency of trade secret protection for MSME products. This study uses the normative juridical method. The data were secondary data, including primary and secondary legal materials. The results show that MSMEs in Indonesia have experienced very significant developments in the national economy. The importance of trade secret protection for MSMEs products is to prevent fraud between business actors to healthy competition. Also, MSMEs players can exploit their products with a sense of security, creating a climate or business condition that allows people to create products or other subsequent innovations.