Factors any Business Plan Should Consider Before Filing a Patent Application

Can you beat your competition in the marketplace by being First to Market?

When your invention budget is limited, you can opt to invest the maximum money in marketing and forego patent protect ion. Eventually, the marketplace will copy your success. While your invention and success is unknown, copying is less likely. Since your competitors will waste time discovering your invention's success and waste time copying your invention, your invention will enjoy a limited time when it is unique in the market place.