Commercializing Biotechnology in Early-Stage Ventures: Discussions.
Discussion 1: What should you document and why? And why are signatures needed? In order for the company owner to protect himself and the company, he needs to have employees, potential employees, and consultants sign non-disclosure agreements. This helps prevent intellectual properties such as trade secrets, and unpatented ideas from being exposed, and also prevents future competition in case someone decides to steal ideas and flee. Employee agreements are another important documentation since they outline the required duties and responsibilities of the position as well as dispute resolution procedures. Employees also need to sign employment policy documents that outline ...
