Through lengthy legal battles, valuable resources, including time, money, and manpower, can be diverted from R&D activities. This diversion of resources can have a significant impact on the pace of innovation. Companies may indian mobile number list allocate significant budgets to legal actions that could otherwise be invested in advanced technologies, developing new products, or improving services.
As a result, industry growth can be hampered as the focus shifts from pioneering advances to addressing legal complexities. Striking a balance between the need to protect intellectual property through patent assertion and the need to promote innovation requires a delicate balancing act. Businesses need to consider not only the potential benefits of maintaining patent rights, but also the long-term impact on resource allocation and the impact on the pace of technological advancement.