So, you’re running a business and need to develop a system to identify trends in customer activity on your website. You’re about to hire a software engineer to lay some code, and the question of who will own the IP comes up in your negotiations over the Software Development Agreement…
Most people realise the importance of protecting their Intellectual Property. But ‘ideas’ and ‘concepts’ aren’t a form of IP, as there is no ‘property’ capable of being protected. Don’t despair, there are ways to protect and exploit your interests.
Losing an employee, whether by dismissal or resignation, is never easy. But it’s even harder when the employee walks out the door with a head (and possibly a briefcase or USB) full of your confidential information.