The Business Value Of Intellectual Property (Part 4)
Angela Grayson (Precipice IP, PLLC) and Sean Mory (LenCred, Inc.) continue to discuss the value of intellectual property to businesses. In this episode we discuss the value registered intellectual property with the USPTO vs. the value of unregistered rights.
Registered vs. Unregistered Intellectual Property
The value of registering IP rights with the United States Patent and Trademark Office provides additional opportunities to preserve business value through enforcement of company IP rights. Enforcing registered IP rights can work to preserve a business's competitive advantage such as certain types of damages and attorney's fees in litigation. Also, USPTO registered IP carries a presumption of validity.
Leveraging Registered IP For Business Capital
Further, when a business looks to obtain capital by leveraging company IP, registered IP may carry more inherent value than unregistered rights.
This is Part 4 in a five part series. For a more detailed discussion about protecting the intellectual property of your business, contact Precipice IP for a consultation.