Entrepreneur

How to Know If You Need to Patent Your Product

You are ready to introduce your invention to the world, but first you should consider whether your new product requires a patent to help make it commercially viable.

Q: I'm ready to step out of my basement workshop and introduce my invention to the world. Do I really need to get a patent first?

You've designed a better mousetrap. And you're anxious to get the production and sales processes snapping so you can sooner start counting your profits. Not so fast. You might first want to think

You're reading a preview, sign up to read more.

More from Entrepreneur

Entrepreneur3 min readTech
Forerunner Ventures Founder Kirsten Green On What She Looks for In a Pitch
The investor breaks down what makes her want to invest in a brand, today's biggest opportunities, and how the tech world is about so much more than technology.
Entrepreneur5 min read
Lacrosse Star Paul Rabil: I'm 'Risking Everything' to Change the Sport
Many have tried to launch a new sports league. Few have succeeded. But that hasn't discouraged the star, who's trying to revolutionize his sport by competing against the league he once played for.
Entrepreneur3 min read
Want to Build A Franchise Empire? Do It Brand By Brand.
Paul Flick wants to serve a homeowner's every need -- which is why his company Premium Service Brands is always expanding.