Patent Stories - Real World Examples of How Patents Are Useful

Patents are complicated, aggravating, annoying, expensive and often ineffective. You don't need one to make and sell a product. You don't even need one to collect royalties in some cases. But if you are an inventor and you have a great product concept that can sell for many years, having a strong patent is essential. Below is a video with the stories of three patents and why they were worth having; the stories can now be told because the patents have expired. The patents referred to concern hand tools, but the basic concepts can be applied to patents on anything, including patents for electronics, apps, medical devices, toys, food products, formulations, business methods etc.:

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