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Captain Electric is a company that regularly invents new technology and files for hundreds of patents every year. The patents provide legal protection for the company's intellectual property. To what...

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Captain Electric is a company that regularly invents new technology and files for hundreds of patents every year. The patents provide legal protection for the company's intellectual property. To what extent, then, does the company need to engage in patent management? Explain. Does your view change if the patent is for a technology that improves consumer safety? Why or why not?
Answered Same Day Oct 29, 2019

Solution

David answered on Nov 30 2019
155 Votes
Captain Electric Company needs a Patent management to protect its inventions from any internal or external infringement attack.
The Company requires a proper Intellectual property strategy that includes a good growth of patent development portfolio, an efficient incentive system which would keep the inventors encouraging, and strengthening of its litigation abilities (Pham 2011).
According to Jell (2012), Patent Management can be handled at two levels:
1. Internal or External ...
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