Developing Strategic Patent Portfolios for Start-ups: Tips and Strategies Explored
Lack of consistency and clarity remains in the US patent eligibility laws since the Supreme Court’s notable rulings in Alice and Mayo. Several small and medium-sized enterprises and start-ups also noted that the rulings weaken innovation and decrease competition. Moreover, the judicial abstract idea exception of patent eligibility under 35 U.S.C. § 101 continues to impair patent incentives and poses concerns about protecting investments in technology-related inventions. To thrive amidst uncertainties, start-ups should be well-versed in any developments surrounding patent laws to successfully navigate through legal complexities, build sound patent portfolios, and recognize common mistakes which could result in long-term repercussions. Join a [...]