-PRWire, September 3, 2010 by Sarin Kouyoumdjian-Gurunlian
http://www.prwire.com.au/pr/19916/keeping-ip-rights-where-they-belong
“First mover advantages, reputation, and complementary assets are going to be much more important to firms than patents. In the software industry, we discovered that copyrights, trademarks, and secrecy are more important than patents in achieving competitive advantage.”
-The Wall Street Journal, Venture Capital Dispatch, September 8, 2010 by Jason Mendelson, Paul Kedrosky, Brad Feld
http://bit.ly/aW4xjU
This analysis isn’t just our opinion, but also that of Samuelson, who recently wrote the following summary regarding the importance of patents to entrepreneurs: “Two-thirds of the approximately 700 software entrepreneurs who participated in the 2008 Berkeley Patent Survey report that they neither have nor are seeking patents for innovations embodied in their products and services. These entrepreneurs rate patents as the least important mechanism among seven options for attaining competitive advantage in the marketplace.”