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Many businesses find it important to obtain a patent or build a patent portfolio to give them control over the competitive space that they want to market. So folks will get a patent to block competitor’s, to demonstrate their technical expertise, to attract investment capital, to leverage their business growth. So there’s quite a few ideas and reasons why somebody might, some businesses might choose to pursue a patent.
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Minneapolis patent lawyer David Black discusses the many reasons why acquiring a patent is important if you have a patentable idea.