Why should I file patents when I know the whole system is broken?

  • To stake a claim in your area of expertise, to prevent other people from entering your space.
  • To protect your freedom of practice by preventing other people from filing a patent in your space and crowding you out.
  • To increase the valuation of your company during fundraising rounds.
  • To support an IP licensing business model where others pay a fee to develop products using technologies depicted in your issued patents.
Was this article helpful?
0 out of 0 found this helpful


      This website and all posts and content are intended for educational purposes only and for no other purposes. This website does not and is not intended to provide legal, financial or tax related advice. Although we take great care to make sure that all of our information is accurate and useful for it intended educational purposes, if you have a specific issue for which you need actionable advice, please come to the Martin Trust Center in person to speak to one of our Entrepreneurs in Residence (EIR) or consult a licensed attorney or other professional. Despite the backgrounds and qualifications of our staff, mentors, lecturers, authors, EIRs and speakers no attorney-client, advisor, or other confidential/privileged relationship exists or will be formed between you and the Martin Trust Center or the Massachusetts Institute of Technology. Under no circumstances should any content be relied upon in making any decisions that could have any financial or legal impact(s).
Have more questions? Submit a request

Comments

Powered by Zendesk