Recently I was part of a 3-person panel discussion at Georgia Tech at the “Patents & Trademark 101” seminar at which representatives from the USPTO were the featured speakers. The audience included innovators, product developers, entrepreneurs, and wanabee inventors from diverse backgrounds and disciplines. Each panel participant was given 7 minutes prior to the panel discussion to give their background and how they serve the innovation community. After briefly discussing our services at Patents & More, Inc., I turned my presentation to the discussion of whether a patent guarantees market success. To accomplish this I compared and contrasted the following types of inventions: (1) Patented, but not Marketable; (2) Marketable, but not Patented; and (3) Patented and Marketable.
For those wanting to jump to the conclusion, the moral of the story is a patent is not magic and does not ensure market success, market success can exist without a patent, and, finally, that a highly marketable product with strong patent claims is what you are really after.
To read the full, original article click on this link: A Patent Doesn't Guarantee Market Success, But Can Sure Help | IPWatchdog.com | Patents & Patent Law
Author: Ron Reardon
