A Key Obstacle to Implementing a Patent Strategy and One Way to Overcome It

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Many articles have been written that discuss the importance of having a “patent strategy” and why investing in a patenting effort may have substantial value for a company. These articles also discuss why a driver for such a strategy should be the business goals of a company and not solely the protection of product or service features. However, one aspect of the process that has not been discussed as often is how to implement the strategy, particularly when a patent may not issue for several years after filing (as is often the case), and during that time the competitive environment and needs of a company may change drastically.

A Statement of the Problem -

In one sense the “problem” faced by a company in implementing a patent strategy may be stated as...

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