Hire A Patent Attorney Today And Protect Your Invention Before It’s Too Late
Your Competitors Are Closer Than You Think
When it comes to patents, the competition is fierce and relentless. In fact, many businesses allocate entire teams to monitor competitors’ activities aggressively. Recent studies show that more than 60% of patent applications are abandoned, often because the applicant was beaten to the punch by a competitor filing first. In such a cutthroat environment, what are your real chances of success?
This pressure cooker scenario has driven several stakeholders to take unconventional steps. Some have hired ‘patent scouts’ — specialized personnel tasked with sniffing out unnoticed opportunities or potential infringements. These scouts operate with military-like precision to ensure their clients stay one step ahead of the competition. What they delve into next might just change your perspective on competitive intelligence forever.
The idea of someone else racing to patent your invention can indeed be anxiety-inducing. Yet, experts suggest implementing ‘prior art searches’ to solidify claims of innovation. Such strategies can pre-emptively establish your invention as novel and non-obvious. But there’s more to consider when playing this high-stakes game—discovering here might just recalibrate everything you thought you knew about safeguarding intellectual property.
To truly outsmart competitors, some inventors even set up periodic ‘patent watches’ — systems that alert them to patent filings in specific categories. This approach not only protects against infringement but also inspires innovative development by observing industry trends. As you learn the next method that’s been transforming the game, you might just rethink patent strategies entirely.
