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Artificial Intelligence In Search of Protection — Part II
The advantages of patenting your product
This is a series of four articles on AI and IP protection:
Part I — Why patenting an AI innovation is different
Part II — The advantages of patenting AI products
Part III — Reasons behind not looking for patent protection
Part IV — AI Patents Landscape
So, if you are an AI entrepreneur, you might now question the utility of a patent and above all interrogating yourself with the big question: should I even try to get a patent in the first place or invest my money in more meaningful activities?
Quick answer: it depends.
In addition to common sense reasoning (which is more or less what I mentioned above), there is empirical evidence that a patent may be beneficial to your business.
In fact, Mann and Sager (2007) proved that having patents is positively correlated to startup performance indicators, such as the number of…