It often happens that when arriving at an innovative
solution, entrepreneurs opt to outsource tasks associated with
prototype development, additional tests, improvement or adjustment
of the solution to the company's needs and even preparatory
works prior to manufacture. To this end, they provide crucial
information about the invention to their
subcontractors.
Entrepreneurs and innovators have become well aware of the need
to sign non-disclosure agreements (NDAs) when they share sensitive
information with third parties. However, many of them still
mistakenly believe that the content of such an agreement is not too
complicated and all they have to do is to copy well-sounding
provisions from template agreements available on the Internet. This
is a mistake that can have serious consequences, which may include
depriving the invention of legal protection, ultimately leading to
costly and lengthy
disputes.
