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Trade secrets are among a life science company’s most valuable assets, allowing it to obtain and maintain a competitive edge on the open market. As such, trade secrets are the cornerstone of a life science company’s success and profitability. The development of these trade secrets, and of the technology behind them, requires a company to expend vast resources, including its time and money. The tradeoff, however, can be very lucrative.
Autonomous vehicles are paving the way as the next big innovation in personal transportation. With new technology, first comes the excitement of breakthroughs in any industry. Then comes the patent litigation arguments over who owns the technology and who can profit off the patents related to the technology. We are seeing this pattern again and perhaps the beginning of the self-driving cars patent wars.
“The emergence of new technologies, or new uses for old technologies, is often closely followed by the purveyors of those technologies using patents to try to exclude or slow down their competitors. In which case, perhaps we are at the starting line of yet another patent war.” Autonomous vehicles are paving the way as the next big innovation in personal transportation. With new technology, first comes the excitement of breakthroughs in any industry.
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