When a Patent is Necessary
The registration system of Intellectual Property (IP) was introduced to prevent and protect originally created technologies, designs, or trademarks from being used by others. In other words, patents are meant to protect innovations.
However, in the real world, many small and medium-sized companies seek patents simply because they feel they need them, rather than to protect their technologies.
Patents can be crucial for business purposes, such as securing loans, attracting investments, and entering markets.
Yet, it can be difficult to determine which technologies a company holds are worth protecting with a patent.
This is where we can lend a helping hand.
Field Visit
We often receive requests like, “Intellectual property rights, such as patents, are strategically necessary for business.”
In response, we make direct visits to the sites.
By visiting manufacturing plants or offices, we examine ongoing and upcoming projects, products, services, production methods, processes, and prototypes.
Strategies for Patent Portfolio
From our analysis, we identify items that deserve to be patented and those that should be protected as designs or trademarks.
We then present the maximum number of items that can be patented and prepare a patent portfolio based on the number of intellectual property rights the company desires.
Strategically, it is recommended to protect three or four items with patents.
For designs and trademarks, it is generally advisable to protect two or three, although this can vary depending on the specific case.
The only way to secure a company’s technologies is through patents.
Design or trademark registration demonstrates significant interest and concern in managing the company’s intellectual property rights.
This foundation can attract investments, secure loans, and request government support.
Is a patent necessary for business purposes?
Do you want to strategically protect your company’s technologies and prevent competitors from entering the market by exercising design or trademark rights?
Still unsure which technologies should be patented?
Contact Sarang IP Law Firm, and we’ll promptly assist you.
