IP Protection for the Submitter and the Company Seeking Innovation
The development of a robust open innovation (OI) program hinges on the ability to successfully navigate the challenges of intellectual property protection. Several companies limit their OI opportunities due to concerns of potential lawsuits filed against them by people who submitted ideas for consideration. Many talented inventors choose not to participate in OI programs because of fears that their concepts will be used without compensation. Ezassi provides an automated, streamlined system that protects both the company (client) and those who submit ideas for consideration. With our program, you create an environment of trust and confidence that encourages the best and brightest to offer their innovative concepts to your company.
Types of Submissions
There are three levels of ideas that are submitted through a typical corporate OI process:
- IP Class 1: Relatively simple concepts that are non-patentable due to public knowledge or information.
- IP Class 2: These ideas are not always patented or patentable, however they contain the possibility of patents or trades secrets that can provide value.
- IP Class 3: Patents and trade secrets exist and are essential as entry barriers and to recoup R & D costs.
IP Classes 1 and 2 are easily addressed through basic OI systems because they are based on a concept or innovation based on public domain information. The challenge is how to create a fair and safe system for your company to accept the more valuable IP Class 3 innovations. Our program uses a proprietary structured capture methodology which allows you to receive and evaluate these projects with maximum, bilateral IP protections for both you and the submitter. This system reduces the risk of lawsuits and increases the quality of submissions.