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Someone Stole My Startup Idea – Part 3: The Best Defense is a Good IP Strategy

Steve Blank

Early on in my career I took a “we’re moving too fast to deal with lawyers” attitude to patents and Intellectual Property (IP.) You can protect business processes, know how, customer information, product road map. Type of IP. _. A contract is a binding legal agreement that is enforceable in a court of law.

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Nuts & Bolts of Intellectual Property for New Startups

Gust

So you’ve chosen a name for your startup, product, or both. Most traditional, bricks-and-mortar businesses have substantial, often enormous hard assets, such as raw materials and supplies, work-in-process, inventory, manufacturing equipment, real estate and more, as well as armies of employees. Tech startups are at the other extreme.

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Create your IP strategy early to avoid common pitfalls

NZ Entrepreneur

The reality faced by entrepreneurs is that legal services can be expensive and IP protection may not be an initial priority. But having an IP strategy can help you get the most from your IP and help minimize common pitfalls and legal expenses. Trade marks. It’s best to select a mark and use it consistently.

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Tips For Protecting Intellectual Property

YoungUpstarts

Once a patent is filed, others can create similar products using workarounds without violating any intellectual property rights. Have Employees Sign Non-Disclosures. If you work with a team or have employees, it is important to have them sign non-disclosure agreements to cover the security of your intellectual property.

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Key Contracts Every Business Must Use

YoungUpstarts

Think about it – when is the last time a business didn’t benefit from having smart employees or strong customer relationships? Whether the information is trade secrets, business know-how, financial data, product plans, customer acquisition strategies, the information a business possesses is what makes it valuable and unique.

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To NDA or not to NDA?

Growthink Blog

There is a challenging balance between keeping the critical pieces secret and promoting products and services during fundraising – whether with angel investors, venture capitalists (VCs), or crowdfunding platforms. Are you hiring an employee? Another reason is that your company and products may conflict with their existing ventures.

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Your New Venture IP Portfolio Sets Investment Value

Startup Professionals Musings

When someone says Intellectual Property (IP), most entrepreneurs think only of patents. In reality, patents are only one of at least eight items that should be in your IP portfolio. Select it well – marketers will tell you that you will be selling your name, more than your products. Business Plan.

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