Coming up with the idea is the first step now you need to protect that idea if you want to process further. Understanding the key aspects of Intellectual Property is going to help you build a good base to work from.

February 24, 2012

Will big companies steal my idea?

So you came up with that great idea that no one else has thought of yet. What do you do with it? There are two directions you can follow: 1. You either do all the hard work yourself and get the design and manufacture, marketing and sales done. or, 2. You approach some of the big companies already out there selling similar products and try and pitch your ideas to them. No matter how great the idea there are always people failing with getting their product to market successfully and end up with a dead end product. The years and […]
February 23, 2012

Non-Disclosure Agreement

A non-disclosure agreement (NDA) is also known as a confidentiality agreement which is a legal contract between you and another party preventing them from sharing your information with others. To be able to share new knowledge and original work, it required a lot of trust. It is essential to consider confidentiality before seeking a company to develop your ideas. What is a Non-Disclosure Agreement? A Non-Disclosure Agreement (NDA) is a low cost way to protect your business. When you and another party sign a NDA its an agreement that allows you to openly talk about the idea you have without them disclosing the idea […]
February 23, 2012

Copyright

In most countries copyright protection is free and you are protected as soon as you document a creatine document on paper or electronically. Things you can copyright are: Films Books Newspapers Artwork Magazines Sound Recordings You can also copyright: Databases media Broadcasts Computer Programs Typographical Arrangements So how does it work? For example in Australia, US and UK, the moment anyone has an idea or creative concept and it is documented on paper or electronically, this is automatically copyright protected. There is no official registry or application. Copyright doesn’t protect you from independent creation of similar work and legal actions against infringements are very complicated. Copyright of […]
February 23, 2012

Do you qualify for a patent?

Here are steps to check to see if you qualify for a patent. Your idea / invention is not one of the following – a law of nature, physical phenomena or abstract. Your idea / invention is not one of the following – literary, musical, dramatic or artwork. These are possible to be copyrighted not patented. Is you idea / invention useful? Does your idea / invention cause offense to anyone else. Is your idea / invention novel? This means no one else has come up with the invention before you did. Is there a patent pending for you idea / invention? Is […]
February 23, 2012

Provisional Patents

A provisional patent (Provisional Application) is an interim patent that can be filed for utility inventions (see below). You can file a provisional patent without any formal oath or declaration or claims and don’t need information disclosure (prior art) statement. A provisional Patent is a low cost alternative or preliminary step before filing for a non-provisional patent. The reason people do this is to test the market before spending too much money on a regular patent. How long does it last? The provisional patent lasts for 12 months which should be long enough for you to manufacture your product and […]
February 22, 2012

Can someone copy my patent?

So you have an invention and worried that people may be able to copy it by adding their own twist to the design to copy your patent. This is why employing a patent attorney to write up your patents is very important. If you lodged your own patent application you might miss a few obvious things that other people may find ways around. Lets try and explain this using an example We have a shelf that is hung up using nails. What is to stop someone with coming up with the same idea but instead of using nails, they use […]