[#12] I Thought…

I thought… “Patent Rights are for the ‘Big Boys’, and my business is only a SME, therefore Patent is not for me!”

Even the present day, large companies started life as an SME years ago with a unique and often patented product. The patent rights would have given near monopoly rights to the company to manufacture and sell the product exclusively at a premium price to enable the company to grow to where it is today.

The size of the company is not relevant. What is important is the potential commercial value of the patent and the desirability of the product in the market. To assess that, the potential commercial value of the invention you have created or improvements made in your business, before you declare that patent rights are not for you.”

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