It is heartbreaking to see the tragic news about the Russia-Ukraine war every day. I hope that the war will end as soon as possible and peace will return to Ukraine.
Disputes often arise in the business world as well. You can be involved in a dispute even if you do not want to be. It can happen suddenly when your business has become successful and you are making a lot of money. Some companies are threatened by your products or services. They may use their patents to try to keep your products or services out of the market.
Patents are powerful weapons in business. It allows you to exclusively practice the patented technology, and to stop other companies from offering products or services that implement the technology, or to charge for them.
The freedom and security of your business cannot be ensured simply by wishing for it. What patent defense strategies do you have in place? You need to think about how to protect and advance your business.
- What patents do you hold?
- Do those patents protect your products and services?
- Do you hold patents that you can counterattack when asserted by competitors?
- If you do not hold sufficient patents, how do you plan to catch up?
It takes time for you to build a patent portfolio on its own. So you may want to consider the option of purchasing from others or joining an alliance.
If you’re considering a patent strategy, let’s discuss it together!