17.09.2019 Views

2018 Startup GUIDE - 10th Edition

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

COVER STORIES 53<br />

P&TS<br />

tions might be difficult to understand, but if you really decide to file<br />

one, you should be able to explain exactly what is the core unique<br />

aspect of your invention which differentiates it from existing technologies.<br />

After all, patent applications are also a marketing tool to<br />

impress investors, and you will be much more convincing if you can<br />

comfortably pitch the invention for which you have an exclusivity.<br />

Having a good patent portfolio, and an effective organisation for<br />

handling trade secrets for copyright is very important; but this<br />

should not prevent you from monitoring what your competitors<br />

are doing. It is bad enough if you forget to file a patent application<br />

and so lose out on a growth opportunity in the future. However, it<br />

is even worse if you spend months or years developing your own<br />

solution, only to discover later that you cannot sell this product because<br />

a competitor has already been granted a patent for it. Often,<br />

the most effective way to manage your risks in start-ups that invest<br />

heavily in R&D is by carrying out a freedom-to-operate search.<br />

Start-ups often underestimate trademarks in their strategy. Indeed,<br />

a new and lesser-known trademark has no value, therefore<br />

why would you spend money on protecting it? However, this is a<br />

much too short-term approach; in the long-term, your technology<br />

might become obsolete, your patents will lapse, but the value<br />

of your trademarks will increase steadily over time, provided the<br />

protection was effective right from the start.<br />

Start-ups, and even SMEs, do not have unlimited resources and<br />

cannot take all the steps that might be recommended to improve<br />

their IP situation. Priorities should be defined, within an IP roadmap,<br />

in order to set up an IP strategy which is suitable for your<br />

start-up.<br />

Facts and Contact<br />

Organization<br />

P&TS Ltd<br />

Foundation 1998<br />

Mission Statement<br />

Employees 25<br />

Postal Address<br />

Contact Person<br />

CHRISTOPHE SAAM<br />

European Patent Attorney<br />

CEO and founder<br />

of P&TS SA<br />

Helping the best companies in Switzerland<br />

to protect their Intellectual Property<br />

Av. J.-J. Rousseau 4, 2001 Neuchâtel<br />

Nordstrasse 8, 8001 Zurich<br />

Christophe Saam, CEO, Patent Attorney<br />

saam@patentattorneys.ch<br />

+41 32 72 71 427<br />

Webpage<br />

www.patentattorneys.ch<br />

SWISS STARTUP <strong>GUIDE</strong> <strong>2018</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!