Native Apps vs Mobile Web - Know the difference!
Test Resource4 Test Resource4 Test Resource44 months ago - by Pathik
Unless an idea is protected by federal laws or via a formal written agreement, an app innovator’s intellectual property is at risk of being stolen and developed with the originator getting no credit or compensation. App creators need to take the time to understand the laws that protect them to make sure they are justly compensated for their intellectual property.
There is an adage that perpetuates the notion that if one individual has a truly great idea or innovation that someone else – possibly several other people – has the same idea at the same time. In support of this theory, look no further than famed inventors Nikola Tesla and Thomas Edison who essentially raced to the finish line to harness electricity.
The reality is that if you have a great idea and someone else develops and protects that idea before you do, they get credit for the intellectual property and everything that encompasses. In app development, there are no patents (at least not for the code); thus, idea execution (the development itself) is the only way to defend your intellectual property and the rights to your idea. This means that when it comes to app innovation and development, time is literally of the essence.
The burden of passing time tends to create an atmosphere for people’s irrational or impulsive decisions. Because app protection can be seen as lacking in certain areas, many app innovators run the risk of being taken advantage of by companies hired to develop their idea. After all, what – other than ethics – is to stop another company from taking the client’s idea and developing it themselves as their own intellectual property? As a result of this possibility, app innovators should be wary of companies that do not offer a nondisclosure agreement as a component of their interactions. A nondisclosure agreement (NDA) protects both parties’ interests. The NDA is a legally-binding document that details the following:
Boilerplate information and any other terms deemed necessary by either party will also be covered in the contract. It is in the innovator’s best interest to have a legal representative review their side of the NDA to ensure their intellectual property is being appropriately protected as contract verbiage is often dense and nebulous. This should not cost that much and can save a lot of money in the future.
In addition to an NDA, there are other ways app innovators set the wheels in motion to protect their intellectual property. Apps can be both Copyrighted and Trademarked.
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