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Beware: Dastardly cads |
One of the main worries of many young would-be entrepreneurs is having their genius idea stolen by some dastardly cad. You wake up in a sweat soaked bed and have the epiphany of the century, you keep it close to your chest until you have to share it with somebody and BAM! next week one of the big companies have produced the home bread slicer and you are back at your day job.
Intellectual property is a big deal and after the wranglings
between Apple and Samsung in USA and more recently James Dyson taking action against Samsung for breach of patents
relating to the steering technology on one of his vacuum cleaners. Two things become clear, one that it is very
important to get your patents in order and two, patent or not, companies can and
will come along a take you invention or brilliant business model and sell it
as their own if they see enough profit in it.