Just as companies are not static, neither is IP. It can pay dividends for companies to undertake a thorough review of their IP portfolio, as the company grows and changes, to determine what it is worth keeping in terms of intellectual property for further development and commercialisation, and what
Year: 2020 (page 45 of 93)
Each country has different processes and methods for protecting IP and the pitfalls in obtaining IP protection in each country also vary. In Europe, a system operates to provide a method of protection across the EU states, thereby making it more streamlined to obtain patent protection.
In the EU, different
Single inventors and small start-ups often do not investigate the full cost of patent ownership and exploitation. They begin filing a patent and then decide that they cannot afford the costs of continuing the process and seek to sell the invention during the patent application stage. Typically
Whilst some startups may seek to apply for IP protection, it is not often from a full perspective of all the technical, legal and commercial angles necessary.
Very often scientists and developers will know where the respective R&D and product competition lies – however they overlook the IP competition
Technology startups are often so driven by the excitement of progressing an inventive idea, and so keen to take it to market that they don’t stop to do the necessary due diligence. There are still companies – both large and small – that are disclosing their inventions and ideas – perhaps
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