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A patent in the right hands can be a win-win for both the buying and selling firms and for consumers, but competitive worries can spur stalemates that benefit nobody.
Startups in remote towns can now leverage digitized information to compete on more equal footing with companies in established innovation hubs.
Research on about 1.5 million patent renewal decisions shows how companies can balance current returns, future options, strategic fit and the cost of keeping ideas alive.
