Pretty sure I will be asking a lawyer, but I want to learn more words and concepts first.
A possible new job wants to own any intellectual property I create and wants me to declare anything I want to keep as my own. This seems normal in my industry as they will be paying me to do some thinking.
Issue is that I have a number of ideas I have been developing. I am going to float some of them as products in my own time, though this may be years from now. Most of these are outside the current market for the company as far as I know.
How is this typically handled? I presume I don’t need to have copyrights or trademarks prior and can just list tentative titles.
I am also a little unclear on the spread between “intellectual property” and “an idea I am playing with”.
Thoughts? Concepts to investigate?
Edit: I did Internet search this, but I have not found working keywords.
Important to read the contract fully, enlisting a lawyer to assist if needed. I have worked for Fortune 500s that made no distinction about time. I don’t think they took ownership, but it essentially said they had nearly the same rights as an owner would (perpetual licenses, ability to license it to others, etc).
You could not enforce “everything you do is ours” in Canada. You cannot write a contract that overrides employment law. Seems crazy you could do that but maybe US legislation allows it. I can see this, especially in states that are more “pro employer”.