You have basically two options to protect an idea, patent law or trade secret law. If the subject matter of your idea is capable of being kept a secret, you may wish to simply keep your idea a secret. The advantage of trade secret protection is that you are not limited on how long you can keep your idea secret by law. Under patent law, you must fully disclose your invention/idea and tell other how to practice your idea in exchange for your 20 year from filing date monopoly, *i.e.*, your patent rights that allow you to exclude others. After your patent expires, the public is free to use your idea. The difficulty with trade secret law is that if someone stumbles on you idea of their own accord, or reverse engineers your "trade secret" they are free to do so. But, trade secrets do work, *e.g.*, the formula for Coke is perhaps the most famous trade secret. However, extraordinary lengths are taken to protect the secret formula for Coke. If your Idea becomes obvious and no longer a secret the moment you publicly commercialize it, you should instead consider patent law if the idea is patentable. As always you should consult a patent attorney to fully discuss your situation and how best to protect your idea.
Answered on May 12th, 2015 at 12:13 AM