Can intellectual property issues lead to financial losses?
Yes, intellectual property (IP) issues can lead to significant financial losses in nanotechnology. The field is highly competitive, and securing patents for new inventions is crucial for protecting investments. However, the process of obtaining patents can be lengthy and costly. Furthermore, there is always the risk of patent infringement litigation, which can be both time-consuming and expensive. Companies may also face challenges in enforcing their patents, especially in international markets where IP laws may be less stringent.