Seminar 8: The Value of a Patent to the Entrepreneur
First, read the article written by James G. Conley about the importance of protecting an invention using patents. Second, discuss the article considering (amongst other things):
What are the advantages and disadvantages of using intellectual property rights to protect the PalmPilot PDA?
Could has ttols used any other form of intellectual property?
Evaluate the three options at the end of the case
Think about any other options that may exist.
Which path forward would you recommend the Hazzards choose? Explain your reasoning.
There is not a preferred option. You need to choose one of the routes and justify your answer. You should also provide references to the works you cite.