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The Obviousness of Patent Alternatives

By Thomas J. Colson

Throughout the global economy, a hotly contested patent race is underway. It might be due to the rapid emergence of countries like Taiwan, India, and China as innovation and economic powerhouses. It may be a result of software and so-called business method patents, which stormed onto the scene in the late 90s. It might be because of a long overdue appreciation of the power of patents. Or, it's simply an appropriate alignment of the planets in our solar system.

Whatever the reason, since 2000, patent applications have been filed at breakneck speed. And issued patents can be deadly. As the race continues, companies face burgeoning risks that competitors will obtain blocking patents. Even strong manufacturers with worldwide distribution, well-branded products, and adoring customers can be stopped dead in their tracks by broad competitive patents.

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