Via TechCrunch:
…probably the most difficult question: “Should you pursue patents for your company or invention?” Unfortunately, there isn’t an easy or direct way to answer this question. Each business is unique and requires an individual analysis. This article discusses some frequently asked questions and presents an analysis framework that may be useful for you to explore the applicability of patents for your business/invention.
Points:
- “Given the significant costs of obtaining a patent, should you spend any of your limited capital on them?”
- “Given the startup failure rate and patent timeframe, should most Internet startups skip patents?”
- “How can you determine whether your patent will be valuable?”
- “Will a patent help me fundraise and what do angel investors and VCs think of patents?”
- Click through the link to find additional questions to help you with developing your patent application.
