Any new invention starts with an idea. And while it may be tempting to rush headlong into making that idea a reality, it’s important to take a moment to document your thoughts. After all, ideas are susceptible to theft, and it can be difficult to remember all the details of an idea once it’s been fleshed out.
That’s why it’s important to keep records of your early thoughts and musings on a new invention. Doing so can help prevent others from taking credit for your work, and it can also help you to remember what was going through your mind at the time.
Some things you may want to document include the date the idea occurred to you and when you conceived of the invention. You’ll also want to memorialize a description of the idea, and any sketches, logos, or diagrams you made. What problem were you trying to solve. It can also help to notate who was with you when you did these activities, if applicable.
The next step to legally protect your ideas often is to file a provisional application for patent to plant your flag in the ground.
If you plan to discuss the idea with others it is a good idea to use a nondisclosure agreement (NDA) or non-circumvent agreement created. You will have this document signed by anyone whom you share your ideas with, such as potential business parteners, engineers, factories or suppliers. These agreements prevent others from stealing your work. A formal agreement can also help avoid uncomfortable situations if a relationship takes an unexpected turn.
Drafting and signing an NDA may seem like a daunting task, but it doesn’t have to be. By taking some time to understand the basics of NDAs and working with an experienced attorney, you can create a strong agreement that will give you peace of mind and help you protect your valuable ideas.
By taking the time to create a record of your invention and creating agreements like NDAs, you can help ensure that you receive the credit you deserve for the work you are creating. If you have questions or need assistance, please feel free to contact us at 888-666-0062 or click here to schedule a discovery session.
DISCLAIMER: The information contained in this article is for informational purposes only and is not legal advice or a substitute for obtaining legal advice from an attorney.