Fishing for Ideas

FyreWyr writes "Whether Microsoft is searching for new ideas, or supporting inventors outright is up for grabs, but they're stabbing at it with $300,000 for 12 spanking ideas (that's $25k each). But as with everything Microsoft, the devil's in the details, or rather, the fine print. At first, you'd swear it was "Brought to you by VISA" - the logo is ubiquitous - but the very last statement in the contest rules reads: "The sponsor...is Microsoft ... VISA...have not sponsored or offered this contest in any way". They also retain a spectrum of rights, and responsibily suggest that you go out and patent really good ideas first. Okay, how much does that cost again? (see end of this article)."

Comments

You are, Number Six

[John Leeming]

Interesting to note on the section 6 "General Conditions" segment the heart of the problem.


By entering, each entrant forfeits to Sponsor all rights to content of his/her entry (including the essay) and the concepts embodied therein. Entrant unconditionally assigns and transfers to Sponsor all rights, title, interest and claim, which it now has or may in the future have to the entries or any element(s) thereafter including, without limitation, the copyright therein. Sponsor shall have right to use, alter, assign or dispose of such entries however it sees fit without approval of entrants. Permission is also granted for Sponsor to publish entry in perpetuity in any medium it may see fit including, but not limited to, website, television, radio and/or printed materials. Entrants shall not receive any compensation or credit for use of entries, other than that disclosed in these rules. Entrants agree to be bound by the terms of these Official Rules.


The idea must be new and unpublished, but at the same time, all your rights are belong to Microsoft. So, even if you own a patent or trademark on it, by entering, you are:

1. Disqualified automatically
   
2. Lose all interest in the concept
   
3. Lose any right to sue/earn from this contest aside from the prize money
   

What a concept! Win by losing! That's the Microsoft way!