Startups often rush to file patents prematurely, driven by investor expectations or a desire to protect ideas, leading to substantial financial losses on unmarketable concepts. To navigate this, a five-question filter is recommended: assessing if the innovation addresses a technical problem, its long-term business relevance, potential as a foundational tool, market differentiation, and the likelihood of patent approval. By scrutinizing these aspects, startups can strategically decide on patent filings and avoid wasted resources.
Startups often rush to file patents while their product is still taking shape. This causes many to spend money on ideas that never reach the market.
After 25+ years of helping startups protect what matters, I've developed a five-question filter to make smarter, more strategic patent decisions.
Your invention should solve a technical problem with a technical solution. It must improve how a system, product or service functions.
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