Patents can be a valuable defense against competitors. But the high cost of creating and defending patents requires a smart IP strategy for growth and emerging companies.
Among the first questions to a startup team, to a corporate R&D proposal, or to the company seeking a new round of funding is: “Do you have patented IP?”
Patents are believed to be a barrier to competition enabling a pricing and profit advantage over competitors. Is that really true and is that the full story?
Read the full article by Rick Williams, Partner in Newport’s New England practice. The piece was first published in the 43 Biz Journal city publications across the US.
About the Expert
Rick’s expertise includes medical devices, financial services, real estate and high tech. He is Board Chair of Point Care Technologies a medical device company selling proprietary instrumentation and reagents for HIV-AIDS testing across the developing world. Rick also serves on the board of Amorphex Therapeutics, an innovative drug delivery company. Click here to learn more about Rick Williams or contact him.
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