Understanding your company’s intellectual property assets is crucial for safeguarding your innovations. These assets might include unique methods for creating or delivering products, as well as novel combinations of existing devices. If your business involves new products, processes, or improvements not yet seen in the market, it’s wise to think about patent protection.
Neglecting to secure your intellectual property can significantly hinder your growth or, even worse, lead to losing control over your business endeavors. Remember, this isn’t legal advice, and it doesn’t establish an attorney-client relationship. Stay informed and take the necessary steps to protect your valuable ideas!