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Governance – Compliance

5 Reasons Your Company Needs a Patent Strategy

The patent system has gotten a pretty poor reputation of late, especially among businesses that have been targeted by patent trolls hoping to extort a quick settlement from them. But CEOs and other senior executives should remember that even if the occasional troll can game the system to extort an innocent business, patents themselves—and a strategy for how to employ them to achieve critical business objectives—are often essential to a company’s success.

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