Any innovation can be protected from third parties. Companies need to protect their inventions, brands and designs and understand what this involves and the procedure to be followed according to the chosen protection model, as this will increase their innovation capacity.  Do small businesses need to protect their inventions? or it is just for large corporations?

Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter11: Price And Output Determination: Monopoly And Dominant Firms
Section: Chapter Questions
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Any innovation can be protected from third parties. Companies need to protect their inventions, brands and designs and understand what this involves and the procedure to be followed according to the chosen protection model, as this will increase their innovation capacity. 

Do small businesses need to protect their inventions? or it is just for large corporations?

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