Early involvement of the legal team reduces
Posted: Sun Dec 15, 2024 5:38 am
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By assessing the patentability of an invention early on, R&D teams can direct funds toward technologies that have a higher likelihood of being successfully patented, marketed, and commercialized. This approach africa whatsapp number optimizes the R&D budget, ensuring that it is spent on innovations that align with the company’s long-term goals.
7. Strengthening Competitive Advantage Patent searches give R&D teams the ability to stay ahead of the competition by identifying emerging technologies and trends. Being aware of what is already patented can help companies find innovation gaps that competitors have not yet explored.