It's worth being explicit about what's being described here. There's no doubt that patents are valuable to those who own them. But you can't eat in a patent or live in it. Patents are valuable for one reason and one reason only: they can be used to generate licensing revenues, often by threatening other companies with lawsuits.

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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!