Accumulation of patents

Accumulation of patents refers to a company's process of acquiring multiple patents over time related to its innovations, ideas, or technologies. This collection helps protect its inventions from being copied, gives the company a competitive edge, and can generate revenue through licensing. By building a portfolio of patents, a company can also demonstrate its expertise and leadership in a particular field, and potentially block competitors from entering certain markets or developing similar technologies. Essentially, patent accumulation is a strategic way for companies to safeguard their innovations and enhance their market position.