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Am I entitled to royalties on a product I created but didn't think of?


Final interview-salary didn't come upHow can I deal with managers that refuse to accept use of common software engineering design patterns?I wasn't paid what my salary letter promised, but didn't realize until much later. What now?Introducing software management practices in poorly managed company






.everyoneloves__top-leaderboard:empty,.everyoneloves__mid-leaderboard:empty,.everyoneloves__bot-mid-leaderboard:empty
margin-bottom:0;









1















I've been working (unpaid) in my off-time as an Electrical and Software Engineer to create and develop a product for a start-up company. The original idea for the product was not my idea, but everything else about it regarding engineering design and implementation have been my work. I've designed the mechanical, electrical and software components for the entire device.



Our small start up company (my title is "Chief of Engineering & Technology") is hopefully soon going to receive funding and go into production, and (of course) will hopefully be successful. The intention is that I will be placed into a full-time position with the title stated.



The question I comes down to what I should be asking for with regards to compensation. Does it make sense for someone in my case to ask for royalties on a product? Or do royalties only have to do with IP (Intellectual Property)? And if that is the case, is any of the product my IP?



Additional Info: The only documents I have signed are an NDA, as well as an initial/interim position summary which just spelled out my duties and experience, but nothing regarding reimbursement.



The owner of the company holds the patent(s) for the idea/device.










share|improve this question






























    1















    I've been working (unpaid) in my off-time as an Electrical and Software Engineer to create and develop a product for a start-up company. The original idea for the product was not my idea, but everything else about it regarding engineering design and implementation have been my work. I've designed the mechanical, electrical and software components for the entire device.



    Our small start up company (my title is "Chief of Engineering & Technology") is hopefully soon going to receive funding and go into production, and (of course) will hopefully be successful. The intention is that I will be placed into a full-time position with the title stated.



    The question I comes down to what I should be asking for with regards to compensation. Does it make sense for someone in my case to ask for royalties on a product? Or do royalties only have to do with IP (Intellectual Property)? And if that is the case, is any of the product my IP?



    Additional Info: The only documents I have signed are an NDA, as well as an initial/interim position summary which just spelled out my duties and experience, but nothing regarding reimbursement.



    The owner of the company holds the patent(s) for the idea/device.










    share|improve this question


























      1












      1








      1








      I've been working (unpaid) in my off-time as an Electrical and Software Engineer to create and develop a product for a start-up company. The original idea for the product was not my idea, but everything else about it regarding engineering design and implementation have been my work. I've designed the mechanical, electrical and software components for the entire device.



      Our small start up company (my title is "Chief of Engineering & Technology") is hopefully soon going to receive funding and go into production, and (of course) will hopefully be successful. The intention is that I will be placed into a full-time position with the title stated.



      The question I comes down to what I should be asking for with regards to compensation. Does it make sense for someone in my case to ask for royalties on a product? Or do royalties only have to do with IP (Intellectual Property)? And if that is the case, is any of the product my IP?



      Additional Info: The only documents I have signed are an NDA, as well as an initial/interim position summary which just spelled out my duties and experience, but nothing regarding reimbursement.



      The owner of the company holds the patent(s) for the idea/device.










      share|improve this question














      I've been working (unpaid) in my off-time as an Electrical and Software Engineer to create and develop a product for a start-up company. The original idea for the product was not my idea, but everything else about it regarding engineering design and implementation have been my work. I've designed the mechanical, electrical and software components for the entire device.



      Our small start up company (my title is "Chief of Engineering & Technology") is hopefully soon going to receive funding and go into production, and (of course) will hopefully be successful. The intention is that I will be placed into a full-time position with the title stated.



      The question I comes down to what I should be asking for with regards to compensation. Does it make sense for someone in my case to ask for royalties on a product? Or do royalties only have to do with IP (Intellectual Property)? And if that is the case, is any of the product my IP?



      Additional Info: The only documents I have signed are an NDA, as well as an initial/interim position summary which just spelled out my duties and experience, but nothing regarding reimbursement.



      The owner of the company holds the patent(s) for the idea/device.







      salary software-development startup intellectual-property reimbursement






      share|improve this question













      share|improve this question











      share|improve this question




      share|improve this question










      asked 19 mins ago









      ConcernedHobbitConcernedHobbit

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