Have you ever dreamed of becoming a great inventor—of having a fantastically clever idea that changes society for the better and makes you rich in the process? The history of technology is, in many ways, a story of great inventors and their brilliant inventions.
Inventing isn’t just about coming up with a great idea; that’s the easy part! There’s also the matter of turning an idea into a product that sells enough to recoup the cost of putting it on the market. And there’s the ever-present problem of stopping other companies from copying and profiting from your ideas. That is where Patent registration comes into play.
When a company has a new invention with vast commercial potentials, this invention often becomes a great asset that can lead the company into new breakthroughs in terms of its financial performance.
This is more so when the company owns the exclusive ability to commercialize and market this invention, thus giving it a market monopoly that promises exclusive territories of profits, totally out of bounds for its competitors.
Therefore, if the invention is new, inventive, has market potential and has a risk that another company may profit from that invention besides the company itself, the company should protect it through a Patent registration. A Patent is to provide exclusive rights of the owner of the original invention to profit from it.
M.D. & Associates believes in building long-term value-added relationships with it’s clients. From the initial consultation to novelty search and drafting, and from the subsequent filing process right up to the grant of the Patent, our clients are provided with timely advisory services and regular updates, leading many of them to see us as more than just an IP service provider but also as their business partner!