To reduce duplication and strengthen their defense against future claim

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moumitakhatun
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To reduce duplication and strengthen their defense against future claim

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Companies should aim to achieve clarity and precision in their patent applications. Additionally, being aware of strategic options for joint ventures, licensing, or even joining patent pools or consortia to share risks can help.

Strategic Measures to Mitigate Risk In the complex field of intellectual property (IP), strategic patent management aims to reduce the likelihood of costly infringement lawsuits, as well as protect inventions. Companies can all india whatsapp number navigate these waters effectively by utilizing a number of strategic initiatives that protect their interests and provide an atmosphere that encourages innovation and growth.

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I) Developing a Strong IP Strategy A comprehensive IP strategy includes more than just acquiring patents; it also includes developing, actively managing, and strategically using these assets to advance the company’s larger business objectives. This plan should be tailored to the unique needs of the business, taking into account its innovation objectives, industry, and competitive environment.
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