Innovative ideas are at the heart of successful businesses. However, ideas per se have little value unless they are turn into products or processes that can be commercialized, and this is where the importace of patents and utility models comes to place.
The registration as a patent or utility model becomes a fundamental element for converting ideas and inventions into competitive products, given that it grants exploitation rights for a period of 20 years, preventing third parties from copying and/or commercializing it.
The key is to develop a successful policy for the protection and management of patents in a highly regulated environment, in order to obtain a competitive advantage.
The patent system is a territorial right which means it is granted for a country, a territory or region. In this sense, it will depend on the context of the invention, the medium and long-term business plan and the financial resources available.
At Clarke, Modet & Cº we have a scientific and technical team with broad experience in advising large and SMEs across different sectors:
Do not hesitate to contact us should you require any further information or personalized assistance.