What Are The Benefits Of Creating A Business For Intellectual Property?

To many people, intellectual property is an obscure concept which can only be best understood and applied by people who are properly trained. You might be asking yourself how patents are of any essence to small businesses or any other type of a business. Other than setting you apart from the competition, there are many other benefits of creating a business around intellectual property. Why Is Int...
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What Are Patents and How Do They Work?

A patent is a property right for an innovation given by a government to an inventor. A United States patent offers an inventor rights to exclude others from making, utilizing, marketing, or offering their invention in the United States or importing it into the United States, for a statutory timeframe (generally 20 years), in exchange for public disclosure of the creation at the expiration of t...
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When Do You Need a Patent Lawyer

As an inventor you probably have the technical know-how required in the field of your invention, however, the process of preparation of a patent application and carrying out the proceedings with a patent office, will require a thorough knowledge of patent law and the understanding of an established set of procedures. This is where the process of patenting an invention normally goes beyond the inve...
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What is Patent Licensing?

Today, a company's competitive advantage is often found in the form of formulas, patents, schematics, designs, know-how, algorithms, manufacturing processes, data (such as analytic data) and hundreds of others types of information that give your company its ability to outperform its competitors. This competitive advantage information is the company’s intellectual property (IP). The majori...
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What Is The Corporate Shell And How Will It Help Protect Your Company?

A shell corporation is defined as a business that does not have any active business operations or rather significant assets apart from money. Contrary to common perceptions, shell corporations aren't necessarily illegitimate or illegal. They serve a major purpose mainly for business startups. On the other hand, a corporate shell can act as a tax avoidance leeway for myriad legitimate business setu...
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