Every would be inventor or entrepreneur has that moment in their life, where with a flash of lightning it hits them. The idea. The one that can change the world and solve the problems that has been facing society for too long!
In the ever-evolving landscape of technology and innovation, patents serve as a crucial benchmark for gauging a company’s research and development strength. The quest to determine which company holds the most patents in the world leads us to a dynamic interplay between historical titans of industry and contemporary leaders in technological advancement.
According to a 2005 survey, half of all new inventions were created by accident. It starts like this: Someone sees a problem, they become passionate about the solution to that problem and the rest…well, the rest becomes a success story. So, do you have a problem, and a creative solution?
Trade secrets are the lifeblood of many organizations, often comprising proprietary formulas, business strategies, and confidential information that give a company its competitive edge. The most effective way to protect trade secrets is to implement comprehensive security measures and a strong legal framework. This means not only securing physical and digital access but also cultivating a culture where employees understand the importance of confidentiality.
Patent infringement. Big word, scary concept. But what does it mean? When you hear about a company being sued for infringement, the important thing to understand is that infringement revolves around the violation of a principle. What principle? Someone reducing the ability of the wronged party to monetize their invention.
For decades, technology experts have been saying that innovation is accelerating. They have the data to prove it. In order to create a great invention in this environment, it’s vital to know what’s going on around you.
If you’re reading this article, you might be worried about protecting an invention or an idea that’s currently making its way through the patent process. Or, you might be wondering how exactly the patent process works, and what sort of protections you might be able to expect along the way. Fear not, this blog has got you covered.
You’ve spent hours developing a new product that you know will be a success. You’ve contacted other experts to help you develop a business plan. You’re ready to put your product out there. Your crowdfunding campaign ready to go. But have you thought about patent litigation yet?
The United States Patent and Trademark Office (USPTO) may issue its 10 millionth patent in 2018. This astounding milestone not only shows how far our society has come, but also underscores the need for a better understanding of intellectual property litigation.
You’ve put so much time and energy into your new invention and want to begin profiting off of it. You really think this idea has the potential to make you some serious cash. Maybe it could. But the odds are if you thought of the idea, someone else is going to think of it soon after, if they haven’t already.
The Adibi IP Group has built a team of motivated patent law experts working with some of the most innovative entrepreneurs and businesses in the country. We help inventors at all levels, from founders, to engineering teams, PE funds, and executives, achieve outsized returns from their IP. Connect today and learn why groundbreaking companies across the world trust us.
