In the new economy, intellectual property often constitutes the crown jewel not only for technology-related companies, but also for companies that simply use technology to make their own businesses more effective. Every business — whether high-tech or low-tech — should conduct periodic audits to identify whether they have created innovations that should be protected as intellectual property. Once the innovations have been identified as intellectual property, it’s critical to obtain patents for them and then police these patents by identifying and prosecuting companies that infringe them.
PROTECTION AT A PRICE
