A tech start-up from California's Silicon Valley accused a tech giant in China, Huawei, of stealing trade secrets from them. A court found that the Chinese company did steal those secrets.
Applying for a patent may not be something you do often, but it's absolutely crucial for you to protect your invention. If you're thinking of starting a company based around that invention, the patent also protects your intellectual property so that you can profit off of it. This may give your new company much of its initial value. You do not want to make mistakes.
Say you create some sort of artistic work, like a novel or a book of poems, and then you decide that you do not want to have full control of it anymore. Perhaps someone else came up to you and made an offer to buy it if they would then be allowed to use it and sell it.
Don’t panic, patent infringement is more common than you may realize. The first thing you should do is assess the validity of the accusation. Did your company use the exact same process or equipment? Does the patent holder’s invention work the same way yours does? If your machine parts or process differs from the patent holders, your invention will not be considered infringing.
You need a great logo when you launch your company. It gives you instant branding power. People will begin to recognize your company and your products at a glance. A strong logo can help you create more brand awareness and connects customers with your company.