Some businesses or individuals who have an invention consider not filing for patents for many reasons; costs, confusion of how the application works or not even knowing that their idea should be protected, to name a few. By not protecting your invention by filing a patent, the following situations could happen:
• Competitors can take advantage of your invention
• There is risk of infringement
• No possibility of licensing or selling that technology
Today on our blog, MBM’s Canadian Intellectual Property Law Blog goes into detail on What Are the Risks of Not Patenting Your Invention. Have a read, find out more.
If you have any questions, contact our Intellectual Property division at ip@carsonlaw.ca
Disclaimer
The content on this web site is provided for general information purposes only and does not constitute legal or other professional advice or an opinion of any kind. Users of this web site are advised to seek specific legal advice by contacting members of Carson Law, Carson IP, or their own legal counsel regarding any specific legal issues. Carson Law does not warrant or guarantee the quality, accuracy or completeness of any information on this web site. The articles published on this web site are current as of their original date of publication, but should not be relied upon as accurate, timely or fit for any particular purpose.