FROM THE PRICE OF BUSINESSIf you believe that you have come up with a unique idea that may be worth capitalizing on, then it is no surprise if you are wondering whether or not you should patent it. What are the advantages of a patent? What are the drawbacks? The patent system in the United States has a lot of different compelling reasons that someone may want to consider applying for a patent, but the process is notoriously complicated.
There are patent attorneys like The Patent Professor who focus entirely on patent law and helping clients through the process of getting their patent submitted and approved, but how can you decide if a patent is worth it for you or not? Take a look at these differing points below, and maybe you can decide for yourself. Otherwise, it probably is not a bad idea to talk to a pro about your idea, what you plan to do with it, and get a better idea from them about whether or not a patent is a good idea.
Patents Can Give You A Competitive Advantage
If you are starting a company with a consumer product at its center, then having a patent for your product is definitely a good idea. Enforcing patents in court can be a difficult and drawn-out process, but having a patent is also a great way to give your company authority in your field.
When you are marketing an unpatented product, people are likely to be wary of the quality, usefulness, and originality. A patent issued by the USPTO sends a clear signal that a dedicated American office has determined that your product is—at the very least—new, novel, and useful.
Patents Protect You From Major Companies
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