We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Licensing a product???

Hi,
I hope I am posting on the right thread.

I have an idea for a product that I designed with one company in mind. I would like to show my product to this company however I am really worried that they might steal my product and use it. I don't think it is the sort of product I could patent as it isn't an invention.

Sorry to be so vague but any advice would be gratefully received

Thanks :confused:

Comments

  • cozwin
    cozwin Posts: 16 Forumite
    well you are automatically covered by copyright on your idea see copyright laws for more info.

    If you belive your idea is unique you could apply for a patent maybe? then it cannot be stole legally.
  • kaya
    kaya Posts: 2,465 Forumite
    Part of the Furniture Combo Breaker
    apart from registering your idea you must get the company you are showing to sign a NDA (Non disclosure agreement)
  • stimpy27
    stimpy27 Posts: 244 Forumite
    Part of the Furniture
    Thank you very much. I'll look into that and keep my fingers crossed.......... if not back to the drawing board!!!
  • also depending on what the design is you could also post a letter to yourself containing your design. The post mark will act as proof that you designed the product first. Important not to open the envelope though!!

    If it is a design, you can register it. Better to get it registered rather than rely on design rights. It is not that costly to do.

    If you are in Scotland you could approach the IA Centre who offer free consultation and advice from a group of IA (Intellectual Assets) experts.
  • stimpy27
    stimpy27 Posts: 244 Forumite
    Part of the Furniture
    Thank you very much. x
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.9K Banking & Borrowing
  • 254.3K Reduce Debt & Boost Income
  • 455.2K Spending & Discounts
  • 246.9K Work, Benefits & Business
  • 603.5K Mortgages, Homes & Bills
  • 178.3K Life & Family
  • 261.1K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.