The Role of Patents in Startups and Small Businesses

The Role of Patents in Startups and Small Businesses

In today’s highly competitive business landscape, intellectual property has become a valuable asset for companies of all sizes. For startups and small businesses, patents play a crucial role in protecting their innovations, establishing market advantage, and attracting investors. In this article, we will discuss the significance of patents in startups and small businesses and delve into the benefits they offer, along with the challenges and strategies associated with their use.