NEWSLETTER 11-2015: PROTECTING BUSINESS IDEAS
How to protect yourself against idea theft and imitators.
Business ideas and concepts are valuable capital. How can you protect yourself from competitors copying your own concept? How can you prevent someone else from implementing your business idea and making a profit from it? How do you prevent “idea theft”? The newsletter provides answers to these questions.
Abstract ideas and concepts in themselves cannot be protected or can only be protected through individual confidentiality agreements. However, their manifestations, designs and individual implementation steps can be protected through targeted applications for intellectual property rights. A comprehensive and effective protection against potential imitators can be created through an intellectual property rights strategy created individually for the specific business model, which includes appropriate intellectual property rights registrations and takes aspects of copyright and competition law into account. You can find further details in the long version of our newsletter.