INTRODUCTION

Most inventors assume that a granted patent is a valuable asset. Rarely is this actually the case. The vast majority of patents are never licensed or enforced. Simply put, most patents are nearly worthless. This book is about how to create new inventions and products that have powerful patent positions, from basic terminology to advanced techniques like strategic inventing.

Corporations are focused on creating value, and value is created through establishing a competitive advantage. Patents are one form of competitive advantage, but most patents are not very valuable—if they are valuable at all. It may seem strange to highlight this point in a book about patents, but the fact remains that most patents describe inventions that are ...

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