The document provides guidance on managing intellectual property (IP) for businesses and individuals, highlighting the importance of ownership and clear agreements to avoid pitfalls. It emphasizes the significance of considering long-term goals, potential investment, and the value of well-organized IP. Additionally, it warns against common traps such as inadvertently giving away IP and incurring unnecessary costs.

1. Intellectual Property
for Cambridge Geeks
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2. Flexibility and Options
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3. Being sure you own your IP
Have agreements with subcontractors to assign rights in software and
content written for you
If you write for others, consider your own position
Think carefully about when to use creative commons licenses
Early choices affect later choices
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4. Avoidable Traps
Inadvertently giving away your IP
Creating unnecessary tax liabilities by delaying transfer of IP to your
company
If a company, not regularising relations with your fellow shareholders
and directors
Spending too much on professional advisers
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5. Consider Your End Game
Just for fun OR potentially a commercial venture?
Are you likely to need investment from others?
Well organised intellectual property has a value
Beware of using other people’s IP assets
QUESTIONS?
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6. Patrick Farrant
patrick.farrant@taylorvinters.com
01223 225181
Drew Winlaw
drew.winlaw@taylorvinters.com
01223 225126
Taylor Vinters
Merlin Place
Milton Road
Cambridge
CB4 0DP
01223 423444
www.taylorvinters.com
This firm is regulated by the Solicitors Regulation Authority and authorised
and regulated by the Financial Services Authority for investment business. www.taylorvinters.com