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Whether you have employees creating pharmaceuticals, running shoes or newsletters, it's important to have employee intellectual property policies to ensure these creations remain under company ownership. Corporate policies probably already exist for theft, or infringement from competitor, but you may have not a policy for sensitive company information and the sharing of it. By creating and implementing an employee intellectual property policy, it ensures that employees understand that everything they design, create or innovate belongs to the company. They can't take it with them once they leave the company. Once you decide to create this policy, it's important to be aware of the laws regarding patents, trademarks and copyrights.
This policy will bind both current and former employees from selling, disclosing or using these creations as their own ideas that were created on your company times. This type of policy can also help your company to comply with federal intellectual property law. Laws are constantly changing and by implementing a policy, you will stay abreast of changes. To learn more about intellectual property policies, Business.com can help you make a decision for a good fit. On the left side of this page, you can make a selection for this important endeavor.
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