(259d) The Power of Patents | AIChE

(259d) The Power of Patents

Authors 

McCabe, K. W. - Presenter, Sterne, Kessler, Goldstein and Fox P.L.L.C.


Patents provide owners with monopoly right to exclude. This provides an artificial barrier to competition. How that barrier is constructed and maintained greatly defines a company's ability to protect its market share. This talk will explore the steps that companies must take in order to develop a strategic patent portfolio and the benefits derived from such, including increased market revenue and share, increased brand recognition, and the potential for licensing revenue.