How I protect my idea?

Question

If I had an multi Billion project idea to recommend to the Govt, how do I protect and guaranteed that I am rewarded, if accepted and implemented? What sort of reward, I should be asking for?

Answer 1

it will depend on how valuable is your idea

Answer 2

I too would tell you to patent it.

But first write the whole thing out then make copies, next stick a set of copies in an envelope. Take these letters and address them to you from you then mail them to yourself take the letters you mailed yourself to your bank safety deposit box. This acts as a poor mans Copy write or patent until you can get the real deal done. Do not open the sealed copies of you idea, until you are in court and have to prove you came up with the idea first. You will have a sealed idea(letter) with a post mark verifying the date.

Good Luck

Answer 3

keep it to yourself until you have enough money or a reliable business angel (investor in ideas) to realise it.
I wouldn't suggest you going directly to the government.
Draw out a summary of what the idea is about, then identify all the components that would be required to put it into practice. Try to consult different sources and find out an approximate cost for putting it into effect.
Then find someone who could lend you money to protect the idea as intellectual property at the patent bureau, and with a patented idea in hand, try finding a business angel (first investor) who has enough faith that your idea will work and who will settle for a small fraction of the profit in exchange for providing initial funds, that will allow you to build a protoype model or small-scale version of your project (which you might also have to acquire a patent for) that you can present to the big fry, in your case the government.

Answer 4

You must go to a patent lawyer because not all ideas are patentable. Then, If yours is patentable he will tell you how to go about it. Bear in mind that taking out a patent is not cheap.

Another problem is that somebody can take your idea, change it a little and use it. Then
a) You may not hear they are using it and
b) If they are using something similar it will be extremely expensive for you to take them to court and win.

Answer 5

1. Draft a confidentiality agreement, with provisions for non-disclosure, non-competition, etc. I have no idea how likely it is that they will sign the agreement, however.
2. If the idea qualifies, apply for a patent or other intellectual property protection that may apply.
3. Get an agent to assist you in negotiation.

Answer 6

If you have a working model, or at least in theory a working model you need to patent the idea. Then sell the patent.

Answer 7

You need to get a patent for it, that way no-one can copy your idea for 20 years and meanwhile don't tell anyone.

Answer 8

You need an attorney. There is a lot at stake or nothing. The chance your idea will be implemented is pretty minute.

Mail a copy to yourself and don't open it. It is evidence.

Answer 9

Get a patent attorney ;)

Answer 10

i've got heard that the aluminum foil hats are very efficient in retaining others from stealing your thoughts. even nevertheless, if that doesn't artwork, you may desire to evaluate having your workers signing non-disclosure, non-competitor agreements scuffling with them from disclosing advice or working for opposition.

Answer 11

start with a patent attorney