Legal Question in Business Law in California
Submitting an invention to large sign company
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?
3 Answers from Attorneys
Re: Submitting an invention to large sign company
Don't submit any invention to anybody without first consulting a patent lawyer.
Re: Submitting an invention to large sign company
(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.
Re: Submitting an invention to large sign company
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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