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Unformatted text preview: -Patent: granted when you have an invention that is new, useful, and non-obvious-If you get a patent, you can exclude anyone from using your idea for 20 years-Enforcing patents is very costly-Nondisclosure Agreement: says whats ours is ours and whats yours is yours. Protects your trade secrets and prevents other people in a business transaction from stealing your ideas after you pitch them-Trade Secret: an idea that is disclosed between multiple parties, however only belongs to the owner-WHEN YOU GO TO WORK FOR A COMPANY, DISCLOSE YOUR INDEPENDENT PROJECTS. After you leave a company and release your product, the company could claim that it is their property (if its in the same field video game industry)-Cloning: creating similar products to already-popular SIMPLE products-Fruit Ninja was ripped off by many clones because it was such a simple idea (slashing fruit with your finger)-...
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- Spring '08