Followers | 25 |
Posts | 5021 |
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Alias Born | 12/13/2013 |
Tuesday, May 18, 2021 8:44:55 AM
"A patent does not create market demand for your invention. Consumers must want to buy the patented product so much that they are willing to pay for it, and hopefully pay a higher price. If they don’t want the patented feature, then the strongest and broadest patent cannot do anything for you. The patent won’t be worth the paper it’s written on. You will not make any money on your invention.
Yes, a patent can help you to sell your product at a higher price. However, it does not guarantee to do so. Patents themselves don’t make you any money."
https://ocpatentlawyer.com/patents-make-money/#:~:text=You%20will%20not%20make%20any,t%20make%20you%20any%20money.
It would be nice to see a little follow through at corporates end instead of just newly created BU's with no revenue. History repeats itself.
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