31-07-2012, 11:57 AM
Legal issues for the Entrepreneur
Legal issues for the Entrepreneur.ppt (Size: 91 KB / Downloads: 23)
Intellectual property
Any patents ,trademarks, copy rights or trade secrets held by the entrepreneur.
Lack of understanding of Intellectual property ignore important steps that they should have taken to protect these assets.
How to select a Lawyer
Specialist in specific areas of law.
Wok on a retainer basis.
Gives opportunity to call lawyer whenever need arises without incurring much cost.
Some time hired for one time fee.
Cordial relationship has to be maintained.
Patents
Patent is a contact between the government and an inventor.
Grants holder protection from others making, using or selling similar idea.
In exchange for disclosure of the invention the government grants the inventor exclusively regarding the invention for a specified period of time.
At the end of the domain however there is the assumption that the disclosure will stimulate ideas and perhaps even the development of an even better product that could replace the original .s
Disclosure Document
To establish the date of conception of the invention.
Important when two entrepreneurs are filing the for patents on similar inventions.
the first entrant is given right for patent.
Prepare a clear and concise description of the invention.
Photograph has to be included.
It is an indent for patent idea.