article thumbnail

How to Protect IP When Outsourcing Software Development

Up and Running

If you’re in the early stages of starting your tech-based or SaaS business , it makes good sense to consider IP (intellectual property) protection a critical part of your business model. Use non-disclosure agreements. In outsourcing to hire an international employee, a non-disclosure agreement ( NDA ) is crucial.

IP 80
article thumbnail

Nuts & Bolts of Intellectual Property for New Startups

Gust

Most of our early-stage startup clients fit this description. Patents are highly technical, hard to get, and the process is slow and expensive, but for those who succeed, the payoff is a 20-year government-sanctioned monopoly over the patented technology.

article thumbnail

6 Ways To Fund Your Invention

YoungUpstarts

Self-funding your invention in the early stages can allow you to retain complete control of your intellectual property, decision-making, and any initial revenue. Absent an agreement to maintain confidentiality, disclosing your idea to family and friends may constitute a public disclosure that disqualifies you from patent protection.