Intellectual Property and Bankruptcy: The IP Value Proposition that Startups Should Not Overlook During Financial Distress
The global economic recession associated with COVID-19 is unmatched by anything aside from the Great Depression. During these times of financial distress, technology companies will benefit by paying particular attention to the value of their patent portfolio The international economic disruption caused by COVID-19 presents unprecedented challenges. Thriving tech startup companies worth millions in January might find themselves struggling to stay afloat today. This article highlights the value of intellectual property (IP) that companies – particularly small companies without an IP department – can sometimes overlook in times of financial distress. The policy goals behind IP rights are at odds with the goals of bankruptcy...
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