|
|
|
|
|
by GianFabien
395 days ago
|
|
IANAL either. I believe that UK law would be similar to that in Australia. To the best of my understanding, as an employee the IP of all work you produce is owned by the company. Even as a contractor you need rather specific contracts if your work for hire is not to be owned by the client. My first reaction is to advise you to let the idea go. The most likely outcome is that you will do a huge amount of work and then get caught up in legal nightmares. Getting legal advice up front won't spare you from more drama down the track. Assuming that there are many companies that use the same software and have similar needs, then you have the option of leaving, developing a MVP and then selling it to other companies first and eventually to your ex-employer. Even then there are risks of being accused of taking proprietary information to enrich yourself. Another scenario is that the big-name company could beat you to the market with a poorly designed but aggressively marketed alternative to your solution. |
|
In the UK, if you develop it in your free time it's yours, as long as you don't use company equipment.
However! It can be a clause in your contract to say sompany owns IP developed in free time, and is enforceable. Sometime there's often an extra clause saying unless an exemption is approved by the board (I assume to stop hirers informally saying 'oh don't worry about that', being legally valid).
I have asked companies to remove that clause and had it removed.
In another company a friend of mine had a small side project that was making money when he joined, and that company were fine waiving the clause. But those were smaller companies who were reasonable, bigger companies might not wiggle.