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Ownership of IP for Rejected Ideas?

3 points| infinii | 5 years ago

My company has been in brainstorming mode and I've proposed a few great ideas which have been rejected. What's my play if I wish to exit company and pursue an idea that I proposed that they've clearly rejected? No development work was ever started, only a business proposal deck.

Someone will surely warn me "They rejected it for a reason, why would you still pursue it?" but the context is that they are very risk averse and I might be able to find other investors/partners who have a different risk appetite.

2 comments

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navaja|5 years ago

Many times employees from one company can pursue a new idea and form a new spin-off company. With that said this would mean the parent company would probably have some shares in the spin-off.

You can also ask for their "blessing" but at the end it may all go to the contract you've signed

gesman|5 years ago

If you mentioned it in writing (emails, presentation) they can always can come back and claim ownership in case this idea will succeed elsewhere.