Transform your daily workflows and Password Protect Inventions Agreement

Aug 6th, 2022
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How to Password Protect Inventions Agreement

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how do you protect your invention idea this video is going to give you everything you need to know about protecting ideas and inventions and the first thing youre probably going to think about is well i want to be protective of things because i dont want to lose patent rights or i dont want somebody to steal my idea but almost as importantly as being overprotective which can cause you to cause your business to fail just as much as losing your rights does so stick around we are starting right now [Music] so for those of you who are new here my name is dylan adams i am a patent attorney and author of the best-selling book patents demystified which is an insiders guide to protecting ideas and inventions used by inventors entrepreneurs and startups worldwide including at top universities like harvard stanford and mit you might also recognize me from my appearance on cnbcs hit show the prophet with marcus lemonis this channel is all about giving you insider tips and tricks on protect

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An invention is a new solution to a technical problem and can be protected through patents. Patents protect the interests of inventors whose technologies are truly groundbreaking and commercially successful, by ensuring that an inventor can control the commercial use of their invention.
If you determine that the invention is probably not patentable, the most effective way to protect yourself is to have prospective licensees sign a nondisclosure agreement before you reveal your invention. This document is sometimes called an NDA or a confidentiality agreement, but the terms are similar.
Legal protection falls into three basic categories: copyrights, trademarks, and patents.
If you determine that the invention is probably not patentable, the most effective way to protect yourself is to have prospective licensees sign a nondisclosure agreement before you reveal your invention. This document is sometimes called an NDA or a confidentiality agreement, but the terms are similar.
How to use a contract to protect your invention? Limit the other persons ability to exploit your idea. Require the other person to assign an invention to you. Limit a manufacturers ability to use your tooling for others. Require them to keep your idea a secret.
The simple answer is: file a provisional patent application before you publicly share, sell, or disclose any details. Provisional patents in particular are a cost-effective, low fidelity (you dont have it all figured out yet) approach to protecting your idea, while securing the earliest possible filing date.
What kinds of inventions can be protected? Patents may be granted for inventions in any field of technology, from an everyday kitchen utensil to a nanotechnology chip. An invention can be a product such as a chemical compound, or a process, for example or a process for producing a specific chemical compound.

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