The Power of the Patent

Protection
A patent grants an inventor the right to prohibit others from manufacturing, utilizing, selling, or importing an invention for up to 20 years. Patents are legally binding to safeguard your investment and deter competitors from duplicating your idea. Patents are one of the few legal barriers to entry.
Competitive Edge
Patents allow the inventor to control the pricing and distribution of their product, enabling the inventor to improve or maintain market position and maximize potential profits.
Licensing Revenue
Licensing a patent can minimize the financial burden associated with bringing an invention to market, create supplementary revenue streams, and expedite the introduction of ideas into the marketplace.
Investor Confidence
A patent can help attract and boost investors’ confidence in the uniqueness and potential value of the invention. A patent also creates instant credibility and value for some companies.
Financial Rewards
Patents increase company valuation and provide security interest for loans.

  • Combat Counterfeits and Misuse
    A patent grants the right to issue a takedown notice, enabling the removal of infringing content from an e-commerce platform.

Legal Protection and Remedies
The power of a patent comes in the legal right to take action and seek damages and in some cases, attorney fees. Court orders can be obtained to seize and destroy infringing goods, prohibit manufacturing and sales, and stop imports at the U.S. border.