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Submitting an invention to large sign company
Posted by . updated on 5/4/2009
What avenues do we as a company need to take so that this large company doesn't take us for granted or steal our invention?
Answers (5)
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Sanaa T...
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Well, one of the steps you can take is to sign an NDA with a company.
If they are a Venture Capital in your industry and you are looking for a tie-up with them, then perhaps you can take a look at this link: http://www.patentexpress.com/patent-monetization-video/why-venture-capitalists-do-not--sign-ndas-non-disclosure-agreement_56_6.html
You can also know more about how to get Companies to pay you for your invention by clicking here: http://www.patentexpress.com/patent-monetization-video/how-do-you-find-companies-that-pay-you_73_6.html
No one can steal your invention, if you have a patent issued for it. So get yourself a patent, and you could license it out to this larger company or sell it to them. You first need the rights to your invention. If you have an issue whether your invention deserves a patent, firstly do a prior art search, see here: http://www.patentexpress.com/patents/prior_art_search_price.aspx
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Sanaa T...
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Well, one of the steps you can take is to sign an NDA with a company.
If they are a Venture Capital in your industry and you are looking for a tie-up with them, then perhaps you can take a look at this link: http://www.patentexpress.com/patent-monetization-video/why-venture-capitalists-do-not--sign-ndas-non-disclosure-agreement_56_6.html
You can also know more about how to get Companies to pay you for your invention by clicking here: http://www.patentexpress.com/patent-monetization-video/how-do-you-find-companies-that-pay-you_73_6.html
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Michael...
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Don't submit any invention to anybody without first consulting a patent lawyer.
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Cathy C...
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A non-disclosure agreement documents your submission of the invention and also contractually binds the other company to maintain your trade secrets. This is sometimes done pending a decision whether to patent if you're seeking assistance from a larger company to secure IP rights. You may want to obtain an initial opinion regarding patent potential prior to submission. An IP (Intellectual Property) attorney can help you with these issues.
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Daniel ...
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(1) secure your intellectual property rights, whether by patent, copyright, trademark, etc., whichever is/are appropriate, and (2) protect your rights through contracts, such as non-disclosure and confidentiality agreements. Let us know if you need help with this. We have helped many small companies and start ups in situations like this. Feel free to email or call.
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