There Are Several Ways To Protect Your Innovation
Patents are not the only answer to the innovation / invention IP question.
If I asked you if I could share your invention with the world, what would you want in return?
This is the pay off you are making when you file for a patent.
20 year monopolistic rights over the patented invention?
Yes.
But this will only be in the countries where you pay the fees!
Certain technologies are moving so fast that your invention may well have been surpassed by the time the patent has granted 3-5 years later!
AI invention tools are reading your patent applications at publication (18 months) and also your granted patents, learning from your patents and also how to inventing around your patents.
Of course if you did not patent your invention, but some one else did then they would have the rights and they might be able to exclude you from making and selling your innovation!
So How Do You Protect The Innovation In Your Business?
Where do trade secrets fit in to protect your innovation?
What strategy are you deploying to protect your IP right now?
I am John Pryor, making IP accessible and valuable for your business.
The Benefit of Hindsight UpfrontTM
Innovation Without IP Is Charity
IP Provides Defence From Unlicensed Offence Leads To Secure Revenue. The Best Defence Is A Good Offence.
Intellectual Property Is A Business Construct To Enable The Sharing Of Ideas And Other Creations Of The Mind
A Strong And Integrated IP Strategy Puts You On The Front Foot In All Commercial And Financial Interactions
IP Supports Competitive Advantage, Drives Growth, Maintains Cash Flows, Secures Investment, Provides Monetisation Opportunities
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JOHN PRYOR: I am John Pryor, I am a strategy consultant focussed on intellectual property and dedicated to helping people and business to make the best use of all available IP to compete and win in the marketplace.
My aim is to increase people’s understanding of Intellectual Property, so that they can successfully and cost effectively use it in their business, to help achieve a higher valuation.
Book: The Innovation Handbook, 2nd Edition 2010. chapter: How to maximize the value of your intellectual property.
ABOUT MY YOUTUBE VIDEOS: In these videos I explain some of the most important aspects of intellectual property in ways that make it relevant and accessible to business people.
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