Why Patent an Innovation
to secure an exclusive market
to license the innovation
to find capital and/or partners
Questions to ask yourself:
why did you bother innovating?
do you want to profit from it?
does the innovation have value?
does it have a potential spot in the market?
An innovation with value and a
potential spot on the mark is a profit candidate, but candidate only, not a
Established businesses - can
upgrade their current lines with exclusive products and/or services, and
facilitate finding the working capital, if the innovation has patent protection.
Other than established
businesses – it isn’t easy, particularly without product development experience,
without available trade lines and often without a good handle on value and
Patent thresholds – must be new
and nonobvious given what is known (known includes far more than what you see
out there) and then must be aptly patented.
Finding capital and/or partners
is near impossible without the means to protect your market, and that the means
is decent patent protection.
entry-level patent applications,
more topics -
patent it or not,
patent or trade
secret it, FAQS,
public domain vs
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