In the field of Extended Reality, is there space for Patents? Andrew Hartley and Christian Balcer of FBCC member Marks & Clerk answer this question in their latest article featured on VR AR Pioneers:
Patents are registered IP rights, which provide legal protection for inventions. Whether you use them for the active protection or promotion of your technology, to raise funding, or to plan your exit strategy, patents represent a commercial tool which compliment your business’ goals and targets.
There are thousands of different patent applications out there for XR technology, covering the ever-popular fields of medical devices, data processing and e-commerce, through to education and beyond. This makes specialist XR patent attorneys, those who are well versed in the intricacies of both the opportunities and pitfalls associated with the ever-evolving landscape of this sector, key.
As a pioneer in this field, if you have some concepts that you believe are key to your commercial success, discuss with a patent attorney before you live to regret it. The quicker you do this, the more likely it is that you will be able to secure the rights to your innovations and beat the competition to it.
Read more of the initiative from VR AR Pioneers.