Save it. Don't Lose It

Alias Bob

If you have a concept:

The following golden rules one should always consider:

1. Take out copyright protection if what you have can be seriously considered a marketable formula as to its modus operandi.

2. If you are offered a Confidential Agreement, draw the agreement up with the following wording incorporated:

Not to be used in whole nor in part by the recipient or the recipients associates without mutually agreed remuneration being paid to the vendor for the use of enclosed information.

3 State within the agreement that failure to comply with this agreement renders the recipient liable for all or any prosecution costs (you) the vendor may incur in pursuit as to what you (the vendor) consider your Legal Entitlement.

4 A very useful avenue for selling your Formulated Concepts can be the Foreign Commercial Offices attached to most Embassies in London.

5 Be very weary of the smooth talking executive types, who may promise you the moon for the release of your ideas etc. Try not to be influenced by the size of the company you may approach, from my own experience I can assure you, the main aim of many companies today is to collate ideas at nil costs.

6 Whenever possible get advice from a Legal Contract Specialist.

If more companies gave guaranteed legal protection as to concepts etc they would have an abundance of marketable products to sell, covering a wide diversity of products. They fail to see that market collapse is mainly a product of their own doing, because the product range is too small. In the IT sector all they are doing is investing into variations of a kind of communication, nothing more nothing less.

Expand the product range and the markets would flourish.

If Government did more along these lines, more people would be encouraged to come forward with new concepts etc.

Yours

Alias Bob
Don't forget my Guinness

:cool:

Hobbes

Might try patent application?

And always remember "If they say 'lets leave the lawyers out of this' it means they are going to screw you later on"

Alias Bob

The trouble with Patent application is it costs far too much for the average Joe.

The system I mention has been used in current negotiations and has worked rather well. To most people it's like learning to swim with the Sharks, if you get my drift.

There is a system that was forwarded to many Governments called project I.C.C.O. The system was formulated to link by the Internet a World Wide chain of I.C.C.O offices that could take in your patent application and secure it at minimal costs. The participating countries would all share in the proceeds from profits gained from each and every Concept. Each Government would secure the patent on behalf of both the Country and the Inventor. The inventor would only have to pay approximately £50 to register the concept with I.C.C.O.

The strength of the I.C.C.O. was that every concept had Priority North East. This meant that in the unlikely event that two people registered the same concept at the same time, who so ever registered with the office that was either Northern most or Eastern most would gain priority.

With the costs that large companies have in running R&D, many could have afforded to trim down their costs. As for example, say a company had trouble with a pressure pump running at extreme temperatures, that company could approach the I.C.C.O. for release of any information relative, so say a person had designed away to get around this particular problem, they could develop and use this pump so long as they paid moneys for the use of.

With such a system in operation, and with the right kind of publicity given to each and every concept at the launch of the project you would have every housewife saying to their partners," look he's just made 10 Million by forwarding his idea haven't you got any ideas you could forward?"

There is of course a lot more to project I.C.CO. than I can release at this moment in time. As some countries are seriously considering this system, I am glad to say.


Yours
Alias Bob
Dont forget my Guinness lads.