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May 13, 2012 10:00 am GMT

Help! Theres A Patent On My Idea! What Now?

U.S-patent-and-trademark-officeOne of the most frequent questions I get asked goes something like this: I have a really great idea, but (name of big company or university) has a patent on that. What do I do? With over 8,000,000 patents issued to date and thousands of new patents issued weekly, chances are good that patents have been issued that are relevant to your business or idea. Knowingly infringing an active patent can lead to disastrous consequences for your business. So what do you do?

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