Patent laws provide legal protection for the exclusive use of patented products and services by their inventors and innovators, but enforcing patent protection against infringement is often extremely expensive.
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Foreign filings for a company’s intellectual property enhance the technology’s attractiveness and value to potential buyers who wish to do business in jurisdictions outside the United States.
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Filing for a patent is procedurally different from filing for a copyright or trademark. Unlike copyright law, which protects creative works, or trademark law, which protects trade names, patent protection may be granted to the first inventor to file a patent application for an invention that is useful, novel, and nonobvious.
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