General

Taking a good idea with you when you leave a company


Even if you finish conceiving of or developing your idea after quitting your job, your employer could still own the rights to your idea. You should have an employment attorney review your current employment contract to determine any rights your employer may have in your idea. Considerations that are often relevant in determining whether your employer could own rights to your idea include: whether you conceived of your idea at work or on your own time; whether you used any of your employer’s resources, such as your employer’s laptop, lab or other property; whether your idea is within your scope of employment or similar to what your company is doing; and whether you used any information owned by the company, obtained through company resources, or obtained as a result of your employment in order to conceive of your idea. Read about who owns the IP.

Read more on this topic:
Launching a Startup? Make a Clean Legal Break from Your Employer First