Understanding

November 13, 2018

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Why Startups Need to be Keen on IP Protection Services

Different businesses are always filing patents in an attempt to protect their technology and other intellectual property. The patent process is long, taking up to two or three years, with so many parts not many people understand fully. This is also not a cheap exercise to undertake, making any errors highly expensive ones. Here are the area’s startups are likely to mess up, and what to do not to mess up.
One may end up ignoring intellectual property practices in an attempt to get to market. The only way you shall enjoy protection of trade secrets is if the protection of the secret of that info is in place. Examples are when pictures of products or prototypes are found freely floating online. Should there be another user out there, they shall not be blamed as there was no non-disclosure agreement signed beforehand. You may need to also learn more about the applicable IP laws in other countries, so as to follow them if you are to trade there. There is always the chance those laws are not considerate of where you come from.
Others take a shallow approach to intellectual property matters. When patenting the intellectual property, it is important to cover all areas of it. An example if filing one to cover the invention without considering what it shall be called. You need to cover not just the name and product, but also the process. You shall discover more assistance when you get an IP attorney involved. They shall handle all the important bits, and tell you where you need to be most keen.
This could also be a case of not using the right type of IP protection. There are some startups which do not see the need for getting protection for their IP assets. They should instead work with an IP attorney on such matters. They shall handle such intricacies, whether it is for a patent, trademarking, copyrighting, or protecting it as a trade secret.
Some startups attempt to do patenting themselves. The cost of the process may compel them to take this route. The complexity of the process is, however, something they cannot handle. Approaching a company like Patent Tree shall help the startup with patents, trademarks, non-disclosures, and all other items that help protect the startup and its proprietary info, which matters in its success. This service ensures that no mistakes are made with the patent filing.
The startup may also not be aware of the important deadlines. There is hardly ever time to waste. If time was wasted, the chance to gain from it would be lost. The best thing is to identify what is important to the startup, and getting the IP experts to come up with ways to protect them, with patents or otherwise.