Why Startups Should Focus On Patents Early On

Law360, New York (June 26, 2013, 1:09 PM EDT) -- High-tech startups typically invest significant resources in the research and development of new products. In addition, certain products (e.g., medical devices and pharmaceuticals) are subject to government regulation, requiring even further investments for securing approval prior to commercialization. Startups, however, often overlook the importance of making concurrent investments in building patent portfolios to protect innovative concepts, or in freedom-to-operate analyses to ensure that commercial products do not infringe the rights of third parties and subject the growing company to costly legal battles.

Without patent protection, once...
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