Who Cares if the Patent System is Broken? Making Lemonade from the Patent Office's Lemons

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Much has been written in recent years about how the U.S. patent system is supposedly "broken" . . . .The reality is that the U.S. patent system is what it is, and your company cannot wait until it is fixed to jump into the patent game. As with many things in life, if you wait for perfection, you may end up waiting forever. Put another way, as a leading business strategist, you understand that there must be a way to "make lemonade from the Patent Office's lemons" . . . .Patent information collected in the right way—that is, collected in a manner that generates actionable business insights—can provide a relatively low cost way to obtain this critical business information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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