Day: April 26, 2023

by Hitha Bollu, PBI Intern The United States prides itself on being a center for innovation, with much of that innovation coming from smaller enterprises. Small businesses produce over 14 times more patents than large businesses and universities, and employ nearly 40 percent of America’s scientists and engineers. And, of course, even the largest well known innovative firms were once small businesses. Unfortunately, without protection of their intellectual property, small businesses can find it difficult to attract capital because potential investors know more established businesses could copy the ideas, methods and practices of smaller businesses, and use their greater resources to market more