- within Intellectual Property topic(s)
- in United States
- with readers working within the Pharmaceuticals & BioTech industries
- within Immigration topic(s)
Whilst clearly creating an "economic moat", patent rights and especially granted patents are an excellent indicator of the level of innovation within a company. It seems reasonable to assume that, if a patent office examiner can be persuaded to grant a patent, the technology in question is demonstrably innovative over what has previously been on the market. Lots of caveats apply of course, but a company possessing many patent rights is probably leading on innovation rather than following.
These intangible assets underpin the product innovations that can drive a company's profit growth long into the future
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
