Protecting Intellectual Property: What Startups Need To Know


Have a good understanding of the patent application process: This will definitely lower the filing costs of a startup company. Provide instructions in advance and be aware of deadlines. Some jurisdictions may charge a fee for each claim made after a certain number. This can be avoided by reducing the number of claims made. Selecting a country intelligently is of utmost importance.This is of utmost importance because knowing in which country inventions can will be sold, where inventions can be made in the future, and what are the obstacles of the patent laws in the country so that it doesn’t affect your technology is very important for a startup company. Some countries may prohibit certain methods, for other countries, the patenting of business methods or software may be very hard to attain. Drafting a claim in an application before it is filed into the patent laws of a country is very important.