Your intellectual property (IP) is an economic tool, not a creative one

A few years ago, when several experts stressed on the need for startups to create an Intellectual Property (IP) strategy right at the founding phase, a principal argument which made the rounds was, when technology giants such as Twitter and Facebook scaled with minimal patentable intellectual property in the early days, why can’t we? This added to the fact that filing for patents can cause cash burn, money that can be used to acquire customers. However, ...

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