What Should I Do if a Large Company Stole My Invention?

If you’re a business owner, you know that intellectual property theft can be extremely problematic and costly. If another company steals your invention, however, you can pursue recourse under intellectual property law.

While protective measures, including patents, trademarks and copyrights,can help your case, you do not need such safeguard sin order to sue a company for stealing your work. If you don’t have a patent, however, you will need to prove that the invention was your original idea using extensive documentation. For example, you could use a nondisclosure agreement to prove that a company stole your idea despite the terms outlined in the document. Work with a patent and IP attorney to determine whether or not your case merits a lawsuit, what damages you may be entitled to claim, and how soon you have to file under the statute of limitations.