Protecting Software Innovations: Why Patents, Copyrights, and Trade Secrets Play a Role

Protecting Software Innovations: Why Patents, Copyrights, and Trade Secrets Play a Role

Software patents are a waste of time and money. Or are they? A well-quoted statistic states that 97% of all patents will fail to recoup their filing cost. It’s also been said that half of all businesses will fail within the first 5 years, and only one third will see their 10th anniversary. However, there are an estimated 100 million new tech startups each year.