Patenting: the necessity of protecting knowledge

Companies that want to strengthen their economic position, have to consider protecting their intellectual property (knowledge). Companies in the manufacturing industry often improve their machines and processes or develop improved products without even thinking about patenting. They do not realize that even a small improvement is the result of unique in-depth knowledge and can be a valuable asset. The importance of knowledge increases. Innovation is the core business of many companies. Companies should have a general understanding of intellectual property, what they can and cannot do with it. Their intellectual property strategy should be aligned with their business and R&D strategies.

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