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ala26 replied to the topic NDA vs Patents in the forum Consultants and Legal Basics 6 years, 6 months ago
A patent is a piece of paper that allows one to have ownership of an idea or invention. NDA is known as a non-disclosure agreement. It’s an agreement in which people or companies agree to keep information confidential. So basically an agreement between two people. NDA gives you limited protection while a patent offers sole ownership. One issue is that it is sometimes difficult to get a patent but it is doable if you get good attorneys.