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Patents

Everything that can be invented has been invented.
– Charles H. Duell, Commissioner, US Patent Office, 1899

Startups’ New Creed: Patent First, Prototype Later
Ashlee Vance writes that in Silicon Valley there is a growing trend amongst entrepreneurs to file for patents prior to building prototypes.  This effort is being undertaken so that new business ideas can be protected early on in the development phase.
www.businessweek.com