Every business owner should implement an intellectual property strategy into their company, especially if they plan on commercialising it! To make this strategy effective, it needs to address the marketplace for your invention and the business objectives, potential licensees, investors and buyers. If you want to know more about how you can strengthen your business using intellectual property, read on:
- File Multiple Patent Applications
You need to cast your net as wide as you can. These applications should address the innovation behind your products or service, not just the invention itself. If you have a unique, big idea that could in some way be altered into something else; you’ll also want a slice of that too. Ensure that you’re covering as much area as possible to protect your right to own and profit from your work. Brainstorm a wealth of ideas, including some a little outside the box – … Read More