Years ago, my law firm used to get a fairly steady stream of panicked callers a month or so after returning from China where they showed their product, prototype or product drawings to Chinese OEM (original equipment manufacturing) companies. They…

And also given the idea, You visited many company and ask them to sign the NDA. You cant eventually tell who blurted out the trade secret?

So it could be a problem as well. I think for every product that you invented best that you had a patent attached to it.. That would be the safest way to go. Because,patent doesn’t just protect your product but also creating barriers to entry, Which mean if someone else try to copy the same product you can sue them and also you will get all the profit they earn from copying your product back as a consequence.

For people with business experience, They probably won’t see your project if you have NDA attached to it.

Because, they cant overlook the overall business nor see the whole business as a potential unless you disclose to them about everything.

And there are certain business rule/legislation that protect the business as well. If someone wants to invest in your business and was not given full disclosure. It can be known as false misconception. So therefore had to be careful. Nowadays business law had also been implement for the benefit of protecting business.

Full disclosure of the business will be the best, because another business can see the full potential of investing in the business/merge with the business.

Even in management strategy, why some company decide to take over or buy over another company knowing it’s going to collapse? Because they can see the potential of growth in establish or merging with another company. And network actually play the most important part..Because it’s connect business to business via communication and build up strong relations.

Ideas a a dime a dozen. Thought leadership, and execution ability are the CRITICAL components.

If you have the $$, a patent is the way to go. Work with friendly angels first.

Unfortunately the “Angels” in Singapore are all SHARKS in disguise with ZERO idea of the value they represent.

Yes, this is the same in Singapore, for the investors from the US (at least for those who I know) or people who are trained there. Some Asian investors are okay if you ask whether they can sign an NDA. In Europe, the situation is in the reverse. If you don’t bring a NDA, it demonstrate that you know nothing about protecting your own intellectual property.

Prashant.