1. Patent Strategy for Startups

A patent strategy for startups involves identifying and protecting unique inventions or processes through patents. This helps secure a competitive edge, attract investors, and prevent others from copying the idea. The strategy typically includes researching existing patents, determining what to patent, and filing the application properly. Startups should weigh the costs of obtaining and maintaining patents against potential benefits. Ultimately, having a solid patent strategy can foster innovation and increase the company’s value in the marketplace.