Patents

PATENTS

The term patent usually refers to a right granted to anyone who invents or discovers any new and useful process, machine, article of manufacture, or composition of matter, or any new and useful improvement thereof A patent provides protection for the invention to the owner of the patent for a limited period

1. Reducing the number of competitors in the market
2. Revenue from licensing
3. Cross-licensing, joint-development, or joint-marketing for needed technology or marketing resources
4. Confidence for venture capitalists or other investors
5. Increase the value of the company
6. In the case of liquidation, can sell the IP portfolio separately