John Thomas and Jeremy Harrison Vorys, Pittsburgh Business Times; 10 intellectual property tips for startup companies
"Obtaining and securing intellectual property (IP) rights is often not a high priority with startup companies. Rather, startups commonly focus most efforts on obtaining financing, building a brand, and effective marketing strategies.
Securing company IP, however, such as patents, trade secrets, trademarks, and copyrights, is vital since doing so creates a legal barrier to competition. Company IP can be a revenue generator through strategic licensing or IP transfer, and is often crucial in valuation for venture funding purposes.
The following are some tips and strategies for startups to manage company IP."
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