“Are patents worth the investment?”
Did you know that putting together a patent application can be pretty pricey, but it's usually an investment that pays off in the long run?
Patents provide you the ability to exercise a monopoly over your technology, which enables you to charge more money for associated products because of the disincentive to competition.
However, why do they cost such a fortune? A big part of it comes down to the amount of time and experience that patent lawyers need to invest.
Follow me (@themoatgoat) on Instagram and TikTok to gain additional insightful information regarding the protection of your ideas.
The content of this website is not intended as legal advice. If you have any question pertaining to a specific matter, speak with an attorney.