MAKE SURE YOU AND YOUR CLIENTS ARE THINKING ABOUT INTELLECTUAL PROPERTY THROUGHOUT THE PRODUCT DEVELOPMENT CYCLE
Developing new products can be costly and time consuming. Whether you are a product developer that develops new products for others, or the R&D manager of an established business that relies on R&D to stay ahead of your competitors, or even a product developer helping to develop products for others, it is important to be thinking about intellectual property throughout the product development cycle, and not just at the end when the product is about to launch.
In fact, if you (or your clients) are not thinking about how you/they are going to stop others from copying your innovative products right from the start of the product development cycle, there is a risk of missing out on crucial intellectual property rights and making costly mistakes.
This doesn’t necessarily mean that something actually has to be done at every stage, but if you get a Chartered IP attorney involved from the start, they will be able to advise on:
- How to speak to potential investors or other people/businesses/organisations when looking for funding or collaboration opportunities, or when sourcing parts, expertise or manufacturing partners;
- What types of intellectual property rights could best help to stop competitors from copying and protect the R&D investment;
- What, if any, similar products exist that could not just impact your own intellectual property rights, but give an indication of what you can and so help to guide the R&D process;
- When the best time would be to file applications for various intellectual property rights, and what is (or will be) needed (in terms of drawings and information) to aid that process and optimise the IP spend.
And much more….
How we can help
Most Chartered IP attorneys will offer at least initial consultation free of charge, but we at Strachan IP, are happy to offer more than one if necessary. We prefer to be involved right from the start and at various stages through the product development cycle so that we can get more involved in the business and help to guide the IP strategy, to make sure that the R&D investment is properly protected – leaving your company or client with a head start in the market. By being involved from the start, and thinking about intellectual property throughout the product development cycle, we can offer bespoke IP support to you or your clients throughout the process, adding value to the product development process without adding to the overall cost.
We already work with a number of other product development companies and tech businesses that are constantly innovating to stay ahead of their competitors. See what a couple of them have to say about us:
Contact us now to see how we can help
If we can help you or your clients to think about intellectual property throughout the product development cycle and develop a bespoke IP strategy that provides the best protection, please book an initial consultation via our website: https://strachanip.co.uk/contact/ or by emailing vicki.strachan@strachanip.co.uk or y calling 07714797135. You could even use our handy Calendly link to book a mutually convenient time to speak: https://calendly.com/strachan-ip-a-fresh-view-of-intellectual-property/30min
