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4 Ways To Protect The Intellectual Property Of Your Software

4 Ways To Protect The Intellectual Property Of Your Software

Intellectual property is an asset your company owns that gives it differentiation and a competitive advantage in the marketplace. While some businesses recognize the importance of their intellectual property, many businesses neglect both protecting and improving their intellectual property. After all, intellectual property is an intangible asset, therefore, it is hard to place an actual value on its worth. So, you may be careless in providing it with adequate protection to keep it safe.

When it comes to your intellectual property you want to ensure that it is protected so that no one can steal what you have spent years to develop. Without the proper protection in place you could find yourself looking at someone else profiting off of your creative idea for your software. To avoid this from happening you need to take the proper measures to keep your intellectual property from falling into the wrong hands.

To keep the intellectual property of your software protected, use the four following tactics:

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1. File a Copyright

A copyright is the protection of an idea or other information that has been developed by the copyright holder. Copyright laws protect the authorship of music, novels, movies, songs, architecture, and software. Although copyright protection is granted when your work is first created and given a tangible form, you still will need to give it the proper protection and register it—registered copyright. Registering your intellectual information with the U.S. Copyright Office provides it with the proper protection that gets recognized in court.

When you register your copyright it is noted for public record which gives notice that you have claimed legal copyright protection for your intellectual information.

Another benefit of a copyright is that it provides you with the ability to sue anyone who infringes upon your copyright. Therefore, a copyright is needed if you want to pursue legal action against those who use your intellectual information for their own gain without your permission.

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2. File for a Patent

A patent grants property rights to the inventor of a new invention. If your software has a distinct feature that separates it from your competition, you will need a patent to protect your competitive advantage.

The benefits of a patent for your software include:

  • Right Exclusivity – The exclusive rights of a patent grant only you complete ownership and use of your software for twenty years from the date of the filed patent application.
  • Establishing market positioning – Since your competitors cannot use your patented software, you reduce the threat of competition, providing you with an advantage in the marketplace
  • Increased returns on investments – Having exclusive rights allows you the possibility to generate higher revenue since your competition cannot provide the same value only you have the ability to produce.
  • Opportunity to license or sell the invention – You don’t have to do the hard work of marketing and selling your software if you sell it or license it to another company that will do all the work for you (provided you share some of the generated revenue).

3. Think Hard About Source Code Licenses

If you use a source code license, you are giving a licensee a non-exclusive and non-transferable license to your software; permission to use and modify your licensed software. This is a risky move to take because you are possibly allowing your source code outside of your organization. This arguably weakens your company’s trade secrets as the source code is no longer being kept completely secret.

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To eliminate these issues use a source code escrow to ensure the rights of your software are protected. A source code escrow protects all parties of a software license by having a 3rd party escrow agent hold the software’s essential information. This helps keep the source code safe while still providing the protection a licensee needs.

4. Have Developers Sign an IP Assignment Agreement

The developers who are developing your intellectual property need to sign an IP assignment agreement stating that all work developed within the company belongs to the company.

This helps to dissuade an individual from selling your intellectual information to a competitor or using it to profit from their own use. If one of your developers does take either course of action you can use this document to take swift, legal action.

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Your intellectual property as a valuable asset needs to be well protected. These four tips can help provide you with protection and a competitive advantage.

If your goal is to create valuable software that generates large sums of money you will want to definitely invest in these protective measures.

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Zak Mustapha

Blogger & Marketer

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Last Updated on January 13, 2020

11 Brain Training Apps to Train Your Mind and Improve Memory

11 Brain Training Apps to Train Your Mind and Improve Memory

Whether at work or at school, people these days are under tremendous pressure to perform, perform and perform! Stress and pressure can have adverse affects on the well-being of a person, and need to be controlled.

Now, this doesn’t mean you make a dash to your nearest therapist. There are a number of wonderful and smart apps that you can use on your phone. These brain training apps have been scientifically designed to target specific areas of the human mind and control harmful emotions such as anxiety, as well as to improve memory and sharpness of the brain.

Here are 11 iPhone apps that you will not only enjoy but also find useful in keeping your mental health balanced at all times.

1. Lumosity

This app consists of games that focus on improving the user’s memory, problem-solving capability, attention span, and thinking. There are three games in each session, and they challenge the brain by changing every time. The user has to complete the games while playing against a clock.

Free of trial. $15 per month for the full version.

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Luminosity Mind training apps-Lifehack

    2. Fit Brains Trainer

    This brain training app has 10 sets of games that work on different areas of the brain and improve memory as well as concentration. A user is required to finish a particular task from each category on a daily basis and the app tracks the progress by a color coded graph.

    Free.

    Fit Brains Trainer Mind training apps-Lifehack

      3. CogniFit Brain Fitness

      Developed with the help of neuroscientists, this fun app improves a person’s cognitive abilities, which includes memory and concentration. The progress made by the user over a period of time can be tracked. Users can also play challenge rounds with their friends. The app also modifies the difficulty level to suit the profile of the user and provide recommendations based on the results. Spending 20–30 minutes a few times every week can give measurable improvement in the performance of a user.

      First four games free, then $13 a month.

      cognifit-Mind Training Apps-Lifehack

        4. Brain Fitness Pro

        The makers of this app claim that it can improve the IQ of a user, and improve intelligence and memory. The app is fun and is user friendly, and 30 minutes a day can fetch you results in less than three weeks.

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        Buy for $3.99.

        5. Happify

        If nothing else makes you happy in life, this app will. Well, this is what the developers claim at least. This app comes loaded with lots of quizzes, polls and gratitude journals, which work on the fundamentals of positive psychology. The app also helps to control stress and emotions to make you feel better.

        Free to use.

        Happify-Mind Training Apps-Lifehack

          6. Clockwork Brain

          You will like the little gold robot that comes in every time to explain the next game you are going to play. While the games are not much different to those offered in apps such as Luminosity, the look and feel reminds me of a workshop from old times.

          Free.

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          Clockwork Trsin-Mind Training Apps-Lifehack

            7. ReliefLink

            Initially created as an app for suicide prevention, it has found its use as a great app for tracking the mood of the user by taking measure of all things relevant to the user’s mental health. In case the user experiences high emotional stress, the app has a coping mechanism that includes voice-recorded mindfulness, exercises and music for relaxation. There is also a map that informs the user of the nearest therapist and medical facilities for mental health treatment.

            Relief Link - Mind Training Apps - Lifehack

              8. Eidetic

              Eidetic is a memory enhancement app and uses a ‘spaced repetition’ technique to help users memorize information such as important phone numbers, words, credit card details or passwords. It also notifies you when it’s time to take a test to see what you remember, so that you retain information in your long-term memory.

              Eidetic - Mind Training Apps - Lifehack

                9. Braingle

                Braingle helps to maintain the sharpness of the brain and improve the reasoning ability of a person through riddles and optical illusions. It is different from other brain training apps that employ memory and reaction based tests. You can also compete with your friends and family members in figuring out the fun riddles.

                Free.

                Briangle- Mind Training Apps-LIfehack

                  10. Not The Hole Story

                  If you have a penchant for solving hard riddles, then this app is a must-have for you. Filled with exclusive riddles along with a simple-to-use interface, the app gives you riddles that you have to solve through a book. You will be given hints along the way, and when you give up, the answers will be revealed. This app will encourage you to broaden your thinking and put your mind to a challenging test.

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                  Free.

                  Not the hole story - Mind Training Apps - Lifehack

                    11. Personal Zen

                    This fun brain training app follows the journey of two animated characters who travel through a field of grass. Personal Zen is a nice app meant for reducing anxiety and trains the brain to focus on the positive aspects. The developer’s advice is to use the app for 10 minutes a day to see the best results.

                    Free.

                    personal zen- mind training apps - lifehack

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                      Featured photo credit: NeONBRAND via unsplash.com

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