INTELLECTUAL PROPERTY FOR LOCAL BUSINESS
An employment agreement is difficult to change once agreed so it is absolutely necessary to have a good standard employment agreement in line with the local laws and regulations.
Most startups start with external collaborators rather than employees and the agreement is very different in both cases.
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Why is it so important to work on your intellectual property protection?
Most products and services are protected by a combination of IP rights.
It can be patent, copyright, trademark, and trade secret.
A startup would need to trademark their name and logo and to use trade secrets law to protect the design and components of its upcoming products.
The startup should use Non-Disclosure Agreements to ensure that they can restrict the appropriation of confidential information regarding the innovations by employees or third-parties.
The protection of IP must be an integral part of the startup´s business strategy.