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Q » What is the role of patents in R&D strategy?
03 Nov, 2025
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A » Patents play a crucial role in R&D strategy by protecting innovations, providing a competitive edge, and enabling companies to secure investment. They incentivize research by granting exclusive rights, allowing firms to capitalize on their inventions. Patents also facilitate technology transfer and partnerships, as they serve as valuable assets in negotiations. Overall, they are essential for safeguarding intellectual property and fostering a culture of innovation.
03 Nov, 2025
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