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twofish-quant
#9
Oct22-09, 03:41 PM
P: 6,863
One other thing. Other than for marketing purposes, having a patent is essentially useless for a small company outside of biotechnology. The problem is that patents are useless unless you have the resources to defend them, and for any non-trivial product, what you'll probably find if you get into a patent fight is that for every patent you accuse "big evil corporation" of infringing, you've probably infringed on a dozen. If you are company and your business model depends crucially on a patent, you will need vast amounts of capital to afford the lawyers to defend it.