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The Importance of Legally Protecting New Ideas

The Importance of Legally Protecting New Ideas. Why should new ideas be legally protected?. What reasons can you come up with? What could happen if an idea is not legally protected?. The Facts. If you don’t protect your work, someone else may walk away with the profits you should have had!

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The Importance of Legally Protecting New Ideas

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  1. The Importance of Legally Protecting New Ideas

  2. Why should new ideas be legally protected? • What reasons can you come up with? • What could happen if an idea is not legally protected?

  3. The Facts • If you don’t protect your work, someone else may walk away with the profits you should have had! • Securing and protecting ideas are essential for a company’s success. • There are several different types of legal protection.

  4. How to avoid your ideas being stolen before obtaining intellectual property • If you come up with an idea, make sure you keep it a secret. • Get all people involved to sign a confidentiality agreement before allowing them to gain information about the idea. • Keep all important hard copies of information locked away safely. • Protect all work stored on an IT system from lapses in security and IT system failures.

  5. Sources of information • For a company that is just starting out, getting intellectual property can seem like a complex task; however, advice is available at: • The Trade Association Forum and • The UK Patent Office

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