Before registering an intellectual property right, whether this is a patent, a trade mark, or a design, it is important to identify first how a registration will add value to a business. You need to know why you are doing this.
Is it to:
- Keep your competitors out of your market space?
- Sell your products at a premium price?
- Generate a revenue stream by licensing?
- Leverage negotiations with investors?
Whatever your reason, our commercially minded attorneys at MacLachlan and Donaldson can assist you in devising an approach that turns your intellectual property rights into commercial assets, that can keep adding value to your bottom line.