Market dominance through innovation patents

Date: 2012-07-02
Author:

The commercial value of Australia's new innovation patent system has been proven by a recent court decision. The decision shows that products with only minor variations over existing products now qualify for patent protection. Filing an Australian patent application now secures a more powerful position in the marketplace. Not only do most new products now qualify for legally enforceable protection, but the ultimate scope of protection is now more difficult to predict, meaning that innovation patents can be used to create substantial uncertainty for your competitors.

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