How to protect your ideas and intellectual property?

How to protect your ideas and intellectual property?

When you get in touch with external parties a fear can be they'll steal your idea or will benefit from your intellectual property. Let me set you at rest a bit: 99% of the development agencies we work with are only interested in selling developers/teams, not in exploiting concepts. And 99% of the people who are interested will never take it into practice, anyway. In all requests we have been involved so far we've never had a bad experience.

However, I can understand you'd like to protect your ideas and intellectual property. Before you go into details with our partners, we'll advise you to use Non-Disclosure Agreements, with a high fine clause. And detailed information about what they're allowed to do and what's not allowed. You can find template NDA's on the Internet.

Please keep in mind innovation in the tech sector will always be prone to plagiarism. That's why speed is key. Having relentless innovation cycles keeps your competitors constantly catching up. That does require your company to run like an Olympic runner — lean and fast.

Another tip may be to separate access to your product by different teams/developers. So, nobody will have access to the entire product.

And document your idea in the form of drawings, documents, plans and descriptions. These detailed plans will prove your ownership of your ideas. Make sure you file these plans in a dated document, so if anyone else claims your idea, you can prove that you came up with it first.

Watch the Video
Listen to the Podcast

    • Related Articles

    • Myths about Outstaffing

      Myth 1 - Outstaffing limits the ownership of the code. As opposed to outsourcing, where the code is most often owned by the company who is producing it, when using outstaffing you're in control and have direct ownership of the code. This comes in ...
    • How much will I save with Outstaffing?

      This will be dependant on your current situation and the outstaffing solution you'll finally choose. Going to India will probably save you more than a solution in Central and Eastern Europe. However, all solutions have their pros and cons, for sure. ...
    • We are a FinTech business. How can we get as much as possible from outstaffing?

      In our opinion it doesn't matter in which branche you're in. In most cases you can: – significantly reduce the time to market – find experts you can't find in your own area – easily scale up and down your team – save 25-75% on your development And ...
    • Why you'd prefer outstaffing above outsourcing and in-house hiring?

      First of all, hereby an explanation of what outsourcing and outstaffing is. In case of outsourcing, your development partner will work on a project. They're project responsible and the client has rarely access to the development team itself. The ...
    • We are a startup. How would outstaffing work for us?

      Outstaffing is a model in which you can easily set up a team and start working with them for the long term (so not specifically project based with an ending character). As you can imagine this will entail significant investments. The most important ...