Do I Really Need a Patent?

February 4, 2011  |  

(Wall Street Journal) — As part of the Startup America initiative, the Commerce Department announced this week a way for entrepreneurs to fast-track the patent process by throwing a little money ($4,000, plus some other fees) the U.S.P.T.O.’s way.  Patents, of course, are a great way for entrepreneurs to protect their brilliant ideas – and for any business owner seeking venture capital or other significant financing, ownership of intellectual property is often a must.  That said, not everyone needs to scurry to get a patent – and not every idea is patentable.

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