Part 11/14:
Failing to protect your IP timely can lead to losing rights. For example, publicly disclosing an invention before filing a patent renders it prior art, which can invalidate patent claims. Overhearing confidential research discussions or neglecting to file patent applications can jeopardize ownership.
It is critical to file applications promptly—delaying can result in others patenting the same invention or copying your idea. Sometimes, innocently dismissing an invention as trivial or obvious can also lead to its ineligibility for protection.
It’s similar to quoting a simple flower or leaf in a design; the innovativeness and commercial utility determine patentability. If an invention is considered obvious or lacks utility, it cannot be protected.