The implementation of the America Invents Act has been the catalyst for increasing media discussion about the role of patents in the US business innovation cycle. Patents clearly play a large role for big companies in many life science and high tech industries, but what role do they play for research based startups and how important are they to those companies?
University based startups typically have the benefit of patent applications filed by the university. The university staffs often has access to sophisticated professionals and seek the broadest protection possible so the patent applications and issued patents may be stronger than a typical startup formed by an inexperienced entrepreneur.
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