Earning a patent for your invention is a significant step in your journey as a scientist or entrepreneur, but it is not the end. In fact, it is just the beginning of a more substantial undertaking with your new idea. There are plenty of resources available to walk you through the steps to gain a patent, but what happens after that?
As an entrepreneur, you seek to maximize the return on your hard work by obtaining patents and establishing your intellectual property (IP). According to some experts, there has been a significant drop in entrepreneurship in the last decade due to policies which weakened the patent system.
A year-end wrap-up of patent highlights in a major newspaper focused on a trend toward what it called "stupid patents."