Adam Cochran
www.adam-cochran.com
Understanding Intellectual Property for Startups
IP AND CAKE
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@...
Adam Cochran
www.adam-cochran.com
www.adam-cochran.com
Business Management Consulting
THANKS FOR
READING!
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Intellectual Property and Cake

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Full blog here: http://adam-cochran.com/intellectual-property-and-cake/

Join business management consultant Adam Cochran (of www.adam-cochran.com) as he explores the concepts behind intellectual property by comparing patents and trade secrets in an easy comparison.

This presentation should serve as a guide to startups and businesses to help better their approach to internal discussions in deciding if they need to apply for a patent.

*Disclaimer: Adam Cochran is not an attorney. This is not legal advice. Always consult an attorney when dealing with intellectual property.

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Intellectual Property and Cake

  1. 1. Adam Cochran www.adam-cochran.com Understanding Intellectual Property for Startups IP AND CAKE
  2. 2. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | • Patents: Government authorized license granting creator exclusive rights over invention for a period of time • Trade Secret: Method of creation unique to a company, protected by legal contracts and secrecy 2 Patent or Trade-Secret?
  3. 3. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | • Trade Secret: You baked a cake using traditional ingredients (eggs, milk, flour) and traditional methods (mixing, oven, etc) but had the perfect recipe or applications of those methods • Patent: You baked a cake using an ingredient or process which you invented. It hasn’t been used before and is not just a mixture of existing ingredients or methods. 3 Which Do I Want?
  4. 4. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | Patents require you to publically disclose your recipe and process and only protect your exclusive rights to them for up to 10 years, after which they are publically available. 4 Warning #1
  5. 5. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | Patents are country specific. Even if you patent in your home country someone else can patent it in another market. 5 Warning #2
  6. 6. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | In most countries you can not get a patent after the product has been made available to the public. Always deal with patents before issuing public documents, samples, or sales. 6 Warning #3
  7. 7. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | For more visit: www.adam-cochran.com/intellectual-property-and-cake/ 7 Check Out the Presentation
  8. 8. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | I am not a lawyer. This is not legal advice. This presentation is to help understand the difference between two English terms as they relate to business. Always consult with an attorney when dealing with intellectual property. 8 Disclaimer:
  9. 9. Adam Cochran www.adam-cochran.com www.adam-cochran.com | Adam Cochran – Business Management Consultant | adamscottcochran@gmail.com | 9 E-MAIL adamscottcochran@gmail.com WEBSITE www.adam-cochran.com SOCIAL twitter.com/adamscochran Slideshare.com/AdamCochran Looking to get in touch? Looking to learn more? Location Waterloo, Ontario, Canada CONTACT US
  10. 10. Adam Cochran www.adam-cochran.com www.adam-cochran.com Business Management Consulting THANKS FOR READING!

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