- Stop the competition.
A patent gives you a limited monopoly, the right to exclude others from making, using, selling, offering for sale, or importing your patented invention for 20 years from the filing date. A strong patent portfolio gives you leverage.
- Protect your investment.
You've invested untold man hours and capital designing your products and processes. Without a patent, anyone can copy your designs, piggybacking on your hard work.
- Impress investors.
A portfolio of patents and patent applications can be your most valuable asset. Patents quantify and validate your research efforts, showing how you stack up.
- License out your invention.
Whether or not you use your patented product or method, your patents and patent applications are assets that may be licensed or sold to others, adding income to your bottom line.
- Apply now or lose your rights.
The clock is ticking. In the U.S., patent rights are now awarded on a first-to-file basis. Plus, if you've publicly disclosed, used, or sold your invention, you may have already lost valuable patent rights, in the U.S. or internationally.