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Research needed precisely targeted

Therefore, it is fundamental for companies to have precise targets to decide in which areas to pursue patents and in which areas to invest. Nevertheless, in the case of new start-ups and research institutions, this decision on what to patent is not always an easy task. Taking the shotgun approach of seeking patents on all results can be a waste of time and money. Establishment of a suitable policy in this respect is needed to obtain a good financial return. [Pg.374]

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