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Practical steps to protecting great entrepreneurial ideas | Ottawa Business Journal


It’s every entrepreneur’s worst nightmare.
After spending countless hours developing and refining an idea, it’s finally time to bring a product to market. But far too often, what should be the most exciting time for a startup is swiftly derailed by an avoidable legal dispute over a brand name or copyright, or a costly patent infringement claim.
Conducting the proper trademark and patentability searches, as well as filing for intellectual property protection for any product names and patentable inventions, can both secure a company’s intangible assets and ensure they aren’t crossing into a competitor’s territory, says Jamie-Lynn Kraft, a senior associate at Smart & Biggar, Canada’s largest intellectual property law firm. ....

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