Part 4 of Q &A session with experienced Patent Attorney, Denver‘s Mark Trenner.
Watch Entire Interview at Once Here: Patents as Investment and Insurance Video
Interviewer: I see. So you can use a patent as a bargaining chip, right?
Patent Attorney: Exactly. That’s why I say that the term “insurance” isn’t 100% accurate. But a patent can be used as a negotiating tool.
Interviewer: Good analysis of this article. So what’s the takeaway to those watching to this interview?
Patent Attorney: Thank you. In summary, all businesses should at least consider the role of patents as an investment or asset to the company. The best strategy is for business owners to talk to a patent attorney about their business objectives, budget, and goals for their products. The patent attorney can help the business owner evaluate their product line and competing products, and help put a patent development program in place that best suits the business.
Interviewer: Thank you, I think that’s all we have time for today. For more information, be sure to visit Trenner Law Firm’s website at www.us-patentattorney.com and Mark Trenner’s blog over at www.ipatentattorney.org
