Expansion/IP
Intellectual Property Basics for Startups
Intellectual property, or IP, is the lifeblood of a technology startup company. IP enhances a startup’s enterprise value by providing (1) a competitive advantage (other companies can be excluded from using your company’s IP); (2) differentiation from legacy solutions and competition; and (3) the ability to extract license fees or royalties. IP can be protected under a variety of legal doctrines – namely patents, trade secrets, copyrights, and trademarks. Patent A patent provides the right,... Read more »