Remove Intangible Assets Remove Long-term Remove Strategy Remove Tips
article thumbnail

Filing for a Patent Versus Keeping Your Invention a Trade Secret

Harvard Business Review

A series of patents were issued on the drug in the 1940s, but long after they had expired, there were still no generic competitors on the market. How could Wyeth sustain this exclusivity for such an extended period of time, decades beyond the 20 years of the patent’s term?