Establishing Patent Incentive Programs
- June 15, 2022
- Posted by: mbipuser
- Categories: Ip Topics, Latest article
At M&B IP, we want you to surpass your goals and have your innovations broadly protected. In order to maximize investments in your inventions and R&D, you should also utilize Patent Incentive Programs to recognize and fully capitalize on your employees’ hard work. Leaving potential patents on the table can be problematic for your company’s long-term strategy and can lead to competitors disrupting your position in the market.
We believe that a modest incentive program can significantly improve the strength of your patent portfolio. We understand that it might be frustrating to invest more money without immediate results, which is why we bring our expertise in identifying new patentable ideas that have allowed us to implement patent inventive strategies for hundreds of other high-tech companies.
Here’s our three step process:
Educate – We teach inventors about what is patentable, how the patenting process works, what details are important, and what to be on the lookout for while inventing.
Harvest – Harvest information from inventors in the form of brief, one-page writeups discussing how their idea works and why they think it is new. With the disclosures in hand, now your leadership and patent advisor at M&B IP can look through and find which ideas are patentable.
Incentivize – Ranging from dinners with the CEO to monetary incentives, each company can offer compelling opportunities for inventors and can lead to discoveries of important technology. It can also be valuable in retaining employees for the long term.
CONTACT US or DOWNLOAD OUR BROCHURE to see how we can help you set up your own program.
Invest in your innovation and stay ahead of current and future competitors.