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Confidentiality Without a Patent
In my line of work, I’m often asked to sign confidentiality agreements before someone will tell me about their business or invention. Most often, I refuse. Not because I’m interested in stealing their idea (ideas are easy, execution is hard) but because it’s very possible for someone to share information with me about their project, including it’s benefits, features and advantages without disclosing any confidential information or trade secrets.
Ron Docie, on InventorSpot, has a well written essay up about just this subject called Confidentiality Agreements For Inventors Without A Patent.
As long as you’re careful about what you disclose, it’s possible to make a preliminary presentation to a company to decide whether they are a match for your invention, or to receive a critique to see to what degree the attributes of your invention are desired in the marketplace without ever needing a Confidential Disclosure Agreement or “CDA”.
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Angela Shupe on June 2nd, 2010 4:11 pm
While ideas are a dime a dozen if you’ve already taken the steps to make your idea reality it’s better to protect yourself than to risk someone else beating you to the punch using information you might have shared. It really depends on what you intend to share and why you’re sharing it though. If you just want a second opinion on whether an idea might be a good one, you can share the basic aspects of it without giving too much to worry about. But if you’re going to be sharing some important pieces of information it’s probably better to be safe than sorry. Like the piece you quoted said, “As long as you’re careful about what you disclose” then yeah, you probably could get away with not using an agreement.
Internet Business Opportunity on July 2nd, 2010 3:00 pm
this one is just the same as to claim is one thing but to prove is another thing. Theories were very easy to manipulate but execution was so hard to apply if you do not know or understand on what you gonna do.
thanks to the post.
thepilatesbiz.com on February 8th, 2012 10:04 am
Fanned them on FB
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