This recent $1.67 billion settlement underscores the vital importance of managing patent programs effectively, particularly for major enterprises and startups alike.
The focus on patenting should align closely with business goals, as managing intellectual property effectively can prevent costly litigation and bolster market value.
A patent program's mismanagement can lead to severe repercussions, like disabling critical health monitoring features in technology that consumers depend on.
Decisions in patent strategy can profoundly influence consumer trust and corporate ethics, showing just how impactful missteps can be on an enterprise's reputation.
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