Quick Tips for Business Managers to Protect Your Intellectual Property ("IP")
Know what you have. Know what your business owns and what is licensed into the organization. Consider whether a client deliverable, an internal document or module of software (or a portions thereof) are developed, owned or licensed from a third party?
Protect what you have. If a deliverable or work product is owned by your company consider whether it should be protected by IP registration or trade secret policies. If you are unsure, contact your legal advisor.
Put IP Notices on original materials. This includes appropriate notices, symbols and disclaimers for your IP, for example:
- Copyright notices include the © symbol and copyright notices such as “© 2010 . All rights reserved.”;
- Patent rights can be indicated on a product or its packaging (i.e. Canadian pat. No. 1,234,567); and
- Trademark rights can be indicated with use of the TM symbol or ® symbol for registered marks along with trademark notices such as “ is a registered trade mark of work”.
Make sure Consulting and Employment Agreements are in place to address Confidentiality and IP Ownership. Make sure written agreements are in place referencing commitments of non-disclosure, confidentiality and IP ownership before disclosing IP to employees or potential employees or engaging outside consultants. If there is not an effective agreement in place, a consultant, for example, may claim IP ownership or otherwise misuse key information or materials for their own benefit or for others in the industry.
Mark confidential information as “CONFIDENTIAL”. Where documents contain confidential information, mark the document “Confidential” and protect it from unauthorized disclosure. Only discuss confidential matters internally on a “need to know” basis and do not disclose to a third party unless effective confidentiality and non-disclosure agreements are in place.