Startups Stack Exchange Archive

How can I secure my invention before giving it to a company?

I am an undergrad engineering student yet to obtain a degree. I had developed a device which has been done before, but I devised my own method and algorithms to build it.

Now, a very recognized startup based in silicon valley wants me to complete it for them for a huge financial award ($1,000 usd) and a place for me in their startup.

What might be the legal routes I need to consider to avoid any mishaps and secure my invention? I really can’t afford the huge patent fees being an undergrad.

Answer 8561

There are a few “poor man’s” methods for establishing proof of WHEN you created your intellectual property. Then the startup will have to prove that they had the IP before you brought it to them.

  1. Print out the IP and mail it to yourself via registered mail. Take the UNOPENED letter and store it someplace safe.
  2. Create an “inventor’s notebook”, any type of documentation that shows your IP, and have it witnessed (signed and dated) by someone reputable (a lawyer).

You can do both of these by mailing to yourself the witnessed IP.

Answer 8542

I can’t give you a great answer, yet as it has been stated in the comment, nor pattents nor copyrights protect algorithms.

You have few solutions :

I know it looks stupid, but after years of developping a great game engine, a friend of mine noticed every technology could be stolen at any time. That is maybe why licencing as open source have so much success : whatever happens the best you can do is leave your name to the algorithm and its first implementation.

Answer 8477

I am not a lawyer, but as I understand, you automatically own the copyright for anything that you create. So, how do you prove to a judge that you were the original creator?

It is probably best to talk with a copyright lawyer.


All content is licensed under CC BY-SA 3.0.