Intellectual property (IP) is the key asset for many startup companies. Patents are one of the primary tools for protecting the IP. Yet many founders view patents as a mysterious “black box” to be dealt with at a later time. Patents, however, are time sensitive. Companies risk losing protection for their most valuable technologies if they defer patenting.
Developing a patent strategy need not be complicated or time consuming. While there are many variables, your Fenwick patent team can devise an action plan after a single meeting. Likewise, the Fenwick team can quickly grasp complex ideas and draft patent applications after only brief meetings with the inventors. A startup can thus put an effective patent strategy in place without losing focus on the core mission of building the company.
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