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Every technology-oriented company needs a sound patent strategy. However, patent strategies vary according to the size of the company, the technology involved, the level of competition in the industry, and the extent of international sales and operations. Despite this variation, there are some common threads. For instance, all companies should maintain a basic defensive patent strategy which involves being aware of the risks of infringement and seeking advise of patent counsel on all new products and developments. Likewise, all companies should implement good R&D practices which are aimed at producing and documenting patentable inventions in concert with the short, mid and long term business plans. A good patent strategy goes hand in hand with a well-defined business plan that anticipates future markets, planned products, and long-range goals. With these in mind, a company can develop a patent strategy that is proactive rather than reactive, and which realizes the company's short, mid and long-term goals through the planned use of patent protection.