Is a patent a guarantee of success?
No, far from it. Success depends on how and when the invention is launched on the market. Questions to ask include: are feasible alternatives available? And how are they being marketed? Is the timing right? The Philips V2000 video system, for example, was technically better than the alternative VHS, but the VHS was marketed better and more effectively, making it the market leader. Ultimately Philips had to withdraw V2000 from the market.
Would you like to discuss the possibilities without obligation?
Then please contact one of our patent attorneysContact