Thursday, December 02, 2010

Spending too much to protect too little

ThinkIPStrategy.com has a post which includes the text:

Still, spending too much to protect too little can limit your freedom of operation and put you at risk of infringing IP obtained by other entities in space you left open.

The post concludes:

Remember that with any IP strategy, you should focus on the effect you wish your IP to have, not on the IP itself. Then ask how much IP and what kind you really need to achieve a desired effect. The less IP expenditure you need to make to achieve a desired effect in one area, the more resources you may have left to secure and defend IP claiming more IP territory.

IPBiz has noted that one must meld the IP to the business strategy. How do you want to make money? Then decide what kind of patent claims you will need.

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