Novice entrepreneurs typically believe they must secure intellectual property rights in order to commercialise an invention and raise equity investment in order to launch a company. University technology transfer units generally work according to these same principles.
There are, however, plenty of examples of entrepreneurs who do neither of these things, as well as examples of those who have attempted to follow these principles unnecessarily. So when are intellectual property rights and equity essential, and when not?
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Author:Sabrina Kiefer
