and chooses to protect his catalyst does not meet your approval.
Why is his choice any less satisfactory than the way the Coca-Cola "secret" formula...
or the KFC "secret" recipe spices for chicken...
have been handled by those two very successful companies?
A patent is NOT the only way to safeguard a business process or product ingredient...
is there a reason JB should handle his catalyst through a patent?
Looks like it would not only tell compertitors what he is doing... and perhaps how... but could give them a hint about an alternative way of doing the same thing.
If nothing else, it starts the clock ticking on when his exclusivity runs out...
Coke and KFC seem to have their exclusivity of their "secrets" long after a patent would have expired.
Looks like good business on KFC's and Coke's part, huh?
If you read this closely then you know that the original catalyst formula is old. It was updated to conform to the current standards for chemical usage.
That means it may be patentable but it may not be novel enough to be patentable. Patents are not the only way to protect intellectual property. There is the copyright approach and there is the trade secret approach. Consider that the formulas for Coke and Pepsi are not patented but are trade secrets.
All a patent does is entitle you to sue and be counter sued. Thomas Edison spent so much money in defending his patent that he said he never made any money on the light bulb. And he was unable to stop other companies from producing them.
Such nonsense -- the concept of "trade secrets" are so vastly wide spread that they are only a red flag to people who don't know what they`re talking about.
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