The year 2017 has brought a considerable amount of political change across the country. While certain political developments receive never-ending media attention, other key policy changes fly completely under the radar. Of course, that does not make these changes any less important for the affected business. One area where this applies is the new federal intellectual property licensing guidelines. This new (lightly covered) new was announced at the beginning of this year by Federal Trade Commission (FTC) and the Department of Justice (DOJ). Here, our experienced Bay Area intellectual property lawyers discuss some of the most important changes in the updated IP licensing guidelines.
Beyond being home to some of the biggest tech businesses in the world, the Bay Area remains a top location for startups. As was reported in a study from the Ewing Marion Kauffman Foundation, a nonprofit organization focused on promoting entrepreneurship, San Francisco and San Jose-Sunnyvale-Santa Clara are both ranked among the top-ten regions in the United States to start a tech company. Of course, forming a new company comes with many challenges. Here, our Silicon Valley business law attorneys focus one of the most important aspects of starting a new tech company: Intellectual property rights.
Starting your own business can be an extremely rewarding venture, both personally and financially. It is important for potential entrepreneurs to be aware of the fact, however, that even a one-in-a-million business idea that has tremendous potential could easily be derailed by failing to consider the myriad legal issues related to starting and operating a business. Fortunately, by consulting with an attorney familiar with California business law, startup founders can maximize their chances for success and limit their legal liability. Some of the ways a lawyer can help entrepreneurs are detailed below. For specific advice regarding your situation, call our office today.
Intellectual property (IP) is important to a wide variety of businesses, especially to technological startups. If you are starting a tech company, consider taking certain steps to ensure the best protection of your IP and to avoid future business litigation.