Does tech need patents? Some will tell you no. Patents are expensive, the tech moves too fast, etc.
Is that always the case We think not.
You may be sorry if you don’t patent your invention, and a lot happier (and richer) if you do.
Apple got a lesson in why patents matter. On July 25th, a judge ordered them to pay $507 Million in damages to the University of Wisconsin-Madison for patent infringement for a patent issued in 1998.
9to5Mac had a nice article about this:
You may want to think twice about just giving your intellectual property away to everyone and anyone and watching them make millions while giving you zilch. Of course, as a patent law firm helping entrepreneurs, we are a little biased toward protecting the ‘little guy’.
About the Author
Richard Gearhart, Esq. is the founder of Gearhart Law and the host of a weekly radio show for entrepreneurs called “Passage to Profit”. He has built a firm with an international presence that helps entrepreneurs from around the world with their patent, trademark and copyright needs.
Richard commands a breadth of experience that comes from nearly 30 years of practice in the writing and prosecution of hundreds of patents, and in all aspects of Intellectual Property law. In 2022, Richard was recognized by ROI New Jersey as a 2022 ROI Influencer in the Law List category for being one of the best of the best in New Jersey for intellectual property law.
Gearhart Law emerged from Richard’s passion for entrepreneurship and startups and his belief that entrepreneurship grows the economy and creates jobs. When we started Gearhart Law, our goal was to help and support the new business ventures of 500 entrepreneurs and inventors. After 12 years, the firm has far surpassed this goal; today, we look forward to helping even more inventors and entrepreneurs get off to a great start and reach their own goals.
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