Insights: Publications Utility Models: Economical, Efficient, and Enforceable Patent Protection
Kilpatrick Townsend MEMO|Biopharma Industry Blog
Obtaining a traditional utility patent is often a long and strenuous process. Although fast track prosecution procedures may be available, they are often costly and cumbersome. But entrepreneurs often want to obtain patent protection of their technology quickly for reasons such as attracting investors, acquiring business assets, disclosing new technology to the public, or marketing their products. In some cases, advancements in particular technology sectors occur rapidly, resulting in short product cycles, which makes getting quick intellectual property protection not only desirable but also necessary for businesses to remain competitive.
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