For a business in its formative stages, intellectual property
(IP) can often seem like a minefield. As a result, it is sometimes
not afforded the time and input it deserves. This can't
happen! Your IP will quickly become one of your business'
most valuable assets, not to mention the thing that will ultimately
convince investors that you are an attractive proposition.
In this two-part series we will look at some of the key IP
considerations for technology start-ups. It is based on the advice
we give our clients to ensure they maximise the commercial value of
their IP from both a people and a technology perspective.
We'll look at the people-related aspects first.
With regards to the people behind the invention itself, you will
need to clarify who employed the inventors in case there is a
chance another party could attempt to claim some ownership over the
invention. For example, if an inventor was a contractor or worked
for a University at the same time as a spin-out.
