Did you know that in 2023, patent filings around the globe increased by 2.7%, totaling about 3.6 million? In 2023, there was also an increase in industrial design filing activity. The United States has issued a total of 346,152 patents.
Transforming an invention or idea that holds a patent into a marketable product or service is known as patent commercialization. It supports businesses in getting the most out of their intellectual property, making it essential.
A Las Vegas patent attorney also says that companies can make money by selling patents, renting them to other businesses, or forming partnerships. By preventing others from copying their innovations, it also helps companies stay competitive, attract investors, and grow.
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