What Are the Challenges in IP Management for Nanotechnology?
Nanotechnology presents unique challenges for IP management, including:
- Novelty and Non-Obviousness: Establishing the novelty and non-obviousness of a nanotechnology invention can be complex due to the interdisciplinary nature of the field. - Patent Thickets: Overlapping patents on fundamental technologies can create a "patent thicket," making it difficult to navigate without infringing on existing IP. - Rapid Technological Advancements: The fast pace of innovation can render patents obsolete quickly, necessitating continuous R&D and IP portfolio management. - Global Protection: Securing IP protection in multiple jurisdictions can be costly and legally complex, requiring strategic planning and significant resources.