article thumbnail

What intellectual property (IP) steps should a startup take?

NZ Entrepreneur

IP steps for startups should be the same as for large multinationals, but within their budget. Make IP decisions and do so early. One of the main (and early) steps is to make a considered decision about what IP means to your business and what IP tools will be used to support your business model. Types of IP protection.

article thumbnail

Startup IP tips before you launch

NZ Entrepreneur

Better still; get them to sign a non-disclosure agreement before you disclose anything. Having the correct contracts in place for the commissioning of the work is vital to ensure you secure ownership of the copyright in the website and logo going forward. ii) Using open source software.

IP 105
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Tips For Protecting Intellectual Property

YoungUpstarts

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. Obtain assistance to have the non-disclosures well-written to keep your ideas safe from being taken.

article thumbnail

Key Contracts Every Business Must Use

YoungUpstarts

Whether a business is contemplating entering into a partnership, hiring a service provider or in the process of selling itself, a non-disclosure agreement should be utilized when information is shared with third parties. An employment offer letter or employment agreement should be utilized when hiring employees.

article thumbnail

The Top 5 Intellectual Property Mistakes

Up and Running

My business doesn’t have IP. 100% of businesses have Intellectual Property (IP). IP is not just for tech businesses or inventors. Even if you simply decide to launch a crowdfunding campaign, you’re exposing your IP to risk. In fact, over 90 percent of a startups’ value can be made up of IP. Do you own it?

article thumbnail

The Importance of Partnership Agreements, NDAs, and Security: Lessons from HBO’s “Silicon Valley”

Up and Running

Even from the outset, Pied Piper had problems related to IP, with the founder having to beg a local irrigation company for the rights to the company name. Given that Pied Piper is both a startup and a tech company, the frequency with which IP comes up isn’t surprising—over 90 percent of a startup’s value is in its intangible assets.

article thumbnail

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. No registration and no cost is required to secure a copyright on written, audio, or video material that you create to be attributed to your company.

IP 234