― Kurt Vonnegut
A patent provides a valuable monopoly right over inventions, reducing or eliminating competition, creating barriers for others to enter the market, and allowing premium prices to be charged. Innovations can be patented if they meet certain standards of novelty and inventiveness. Patents are granted in return for public disclosure of the details of the invention and generally last for a period of 20 years. We can help with strategy and transactions involving patents, such as licences and assignments.