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What would happen if your top engineers walked out the door with a patentable idea?

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Manage episode 216518287 series 1211583
Content provided by Thompson Patent Law Offices PC and Craige Thompson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Thompson Patent Law Offices PC and Craige Thompson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As the CEO of a technologies company, have you thought about what would happen if your top engineers walked out the door with a patentable idea and started a very profitable business? Every employment agreement these days should have a clause obligating employees to assign their rights and invention to your company. However, this doesn’t always happen. Every engineer will leave their current position at some point, and some of them will leave with extremely valuable ideas in their heads that they have been moonlighting on.

In today’s PatentCast, discover how an engineer walked out with valuable patentable ideas when his company was focused on GPS technologies for surveying applications. This former employer lost out on the “Big Win” when they could have had a very profitable idea without expensive or risky litigation.

  continue reading

82 episodes

Artwork
iconShare
 
Manage episode 216518287 series 1211583
Content provided by Thompson Patent Law Offices PC and Craige Thompson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Thompson Patent Law Offices PC and Craige Thompson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

As the CEO of a technologies company, have you thought about what would happen if your top engineers walked out the door with a patentable idea and started a very profitable business? Every employment agreement these days should have a clause obligating employees to assign their rights and invention to your company. However, this doesn’t always happen. Every engineer will leave their current position at some point, and some of them will leave with extremely valuable ideas in their heads that they have been moonlighting on.

In today’s PatentCast, discover how an engineer walked out with valuable patentable ideas when his company was focused on GPS technologies for surveying applications. This former employer lost out on the “Big Win” when they could have had a very profitable idea without expensive or risky litigation.

  continue reading

82 episodes

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