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4 Reasons Why It's So Important To Protect Your Intellectual Property

Intellectual property often gets short shrift from business owners. This is understandable since oftentimes, it is hard to sort out what constitutes your business's intellectual property... and then how do you begin to protect it? The key to remember is that intellectual property is by far one of the most (if not the most) important assets a business can have.

Johnson & Johnson Is On The Move

I had the opportunity for a pre-opening visit to the Johnson & Johnson Innovation - JLabs NYC ("JLabs-NYC") facility at the New York Genome Center. JLabs is an innovative outreach program by Johnson & Johnson to assist growing life sciences companies develop their technologies in a supportive environment.

Jlabs Opening In Nyc

JLABS, Johnson & Johnson's innovation center venture, is opening a branch in SoHo. I met Dr. Kate Merton, Director of [email protected] at a recent kick-off event. She is a highly skilled scientist and entrepreneur who is passionate about supporting innovative life sciences company. As a former Johnson & Johnson lawyer, I'm very pleased to see Johnson & Johnson taking this approach.

HOW TO PROTECT YOUR COMPANY'S INTELLECTUAL PROPERTY AS A STARTUP

In today's modern world, a company's most valuable assets aren't necessarily the physical products that they produce. Instead, it is the intellectual property of these companies that give them their value. Nowhere is this truer than in the life sciences industry, though the same concepts certainly apply to just about every other field. Proactively protecting your company's intellectual property is critical for long term success, especially as a startup a few years into operation. The following are some initial things you can do to ensure your business's IP is safe.

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