If your business creates new designs or innovations, you will want to make sure you protect them to minimise the risk of competitors using them.
Here are five steps you should follow to help safeguard your intellectual property.
While in the process of creating your designs, be cautious about who you share information, concepts and draft designs with. Limit the sharing of this information to people you trust, and who need to know.
If you are seeking investment from a private backer, or from a crowdfunding platform such as Kickstarter, be careful not to make public anything that would risk the confidentiality of your unique design.
You may want to consider asking collaborators to sign Non-Disclosure Agreements to further protect your innovations at this crucial stage.
During the process of creating your design you are likely to go through several iterations as you develop and refine your concept.
Having detailed records of drafts, internal notes and conversations within your business isn’t in itself a robust legal protection. However, these records can be very useful if you are challenged later.
It’s good practice to keep an organised and detailed catalogue of the process and any associated documents or images, so that you are prepared if it becomes necessary to demonstrate that a concept originated with your business.
Innovative designs can be protectable by four different kinds of intellectual property rights. Briefly, these are:
Having established legal protection for your design, you will want to be clear about who owns it. Usually, this will be the author or creator – except when they were acting in the course of their employment, in which case the employer will generally own the right. In the case of copyright and UK unregistered design right, the author or creator can also transfer the rights to another.
Note that an independent contractor is not an employee and will be the first owner of IP in any work he or she creates. He or she may agree by contract that the IP will be transferred to the party for which he or she is contracting, but this requires specific agreement and action and is not automatic. It is always sensible to agree express provisions as to the ownership of IP rather than leaving matters to the default position imposed by law.
As detailed in this guide, the various protections have different expiry timescales, so it’s important to keep track of when they end. If you don’t renew registerable rights with the relevant authority, you will lose your rights.
There are varying fees for renewal and these depend on the type of intellectual property. You will not always receive a notification that renewal is due so the onus will be on you to make sure this happens in time. If a deadline is missed it may not be possible to restore your rights – and even if it is possible, this can be costly and time consuming.
Would you like to know more?
Thrings Intellectual Property Team helps businesses thrive by providing practical business advice from commercial specialists.