📰 InventorNews | Why Companies Should Still Build a Patent Portfolio Even with all the talk that patents aren't worth as much anymore, the truth is—they still matter. A lot. In a new article on IPWatchdog, patent trial lawyer James Yoon breaks it down: While things like tougher reviews and legal hurdles have made enforcing patents harder in some cases, none of that changes the big picture. A strong patent portfolio is still one of the smartest investments a company can make, especially for inventors and startups. So what does that mean in plain English? Think of a patent portfolio like your invention's secret armor. It doesn’t just protect your ideas—it shows investors you're serious, helps keep competitors from copying you, and even gives you something valuable to trade or use in negotiations later. Patents can help your company grow, earn more, and stand out in a crowded market. Some people think patents aren’t as valuable today because of legal changes or news stories, but those opinions often come from short-term thinking. Yoon reminds us that most patents don’t even get enforced until 8 to 10 years after they’re filed. What feels uncertain today might be a huge advantage in the future. Here’s why this is especially important for inventors: If you’re building something new or unique, a patent can give you real power—whether it’s helping you raise money, secure partnerships, or defend yourself against copycats. Plus, patents are more than just legal paperwork—they’re assets you can sell, license, or even borrow money against. Yoon also points out that having patents forces your whole team—engineering, marketing, finance—to work together more strategically. It’s not just about filing paperwork; it’s about building your company’s future. Read the full article here: 👉 https://ipwatchdog.com/2025/03/24/companies-still-build-patent-portfolio/id=187008/ Why it matters for inventors in our community: This isn’t just advice for big corporations. Whether you're a solo inventor, a startup founder, or running a growing product business, your patents can open doors. Don’t write them off. Build smart. File wisely. And keep your invention's future protected.

Posted by InventorNews at 2025-03-25 16:00:08 UTC