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Patents don't give you rights to a product. Only a certain implementation of one. Your competitors will patent improved versions if you don't. They might also
by rhino369 12y ago
Patents don't give you rights to a product. Only a certain implementation of one.
Your competitors will patent improved versions if you don't. They might also invent a product using a new implementation leaving you with no market.
And in practice, it doesn't work that way. Companies acquire patents on each minor upgrade to their technology.
- vidarh 12y agoYour competitors won't exist if your basic patents are broad enough to deny them access to the market.
- derekp7 12y agoI was thinking more along the lines of competitors who are in the same space as you (let's say, light bulb manufactures) -- you patent a new type of bulb, your competitors could patent a bunch of improvements on it to deny you future market on improved versions.