Drew Patterson is an exceptional, multifaceted attorney. He continually strives to understand the intricacies of our business and produce results. He is highly recommended.
How to Protect Your Ideas and Inventions
March 19, 2021
As an inventor or innovator, one of the best ways of getting the most out of your talent is licensing your innovation to other individuals, entities, or businesses.
However, advertising or showcasing your inventions to the public can be a double-edged sword. The more you expose your inventions, the more likely they will be stolen.
So how can you protect your ideas and inventions?
There are several ways that you can use to protect your inventions. They include the following:
- Patenting
This is the best way of protecting your invention or innovation from being copied or stolen. If you believe that your idea or innovation is patentable, then the first thing is to contact a Palm harbor business attorney and submit a provisional patent application. This will keep at bay anyone will evil intentions of stealing your invention.
- Use Nondisclosure agreements where necessary
It is a fact that many ideas and inventions cannot be patented and that’s where Nondisclosure agreements (NDAs) come in. When a client signs an NDA, they are not supposed to disclose any information regarding your business to third parties.
Failure to abide by the terms of the agreement gives you a right to hire a Palm harbor business lawyer and sue them for damages.
- Disclose limited information about your idea or invention
If you are unable to use nondisclosure agreements, then it is advisable to limit the amount of information you share with friends and customers.
How can a business attorney in Palm harbor help?
Business lawyers are key when it comes to protecting ideas and inventions. All you have to do is hire an experienced business lawyer in Palm harbor who understands patents and NDAs. The Law Office of Robert Eckard & Associates has helped many people to protect their business in Palm Harbor and its environs.