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Patents can be one of the most lucrative pieces of intellectual property a company can own, particularlyfor any business in the technology sector. However, they are also one of the most costly and expensiveforms of intellectual property available. For complicated patents, the application process can runupwards of US$10,000, filing fees can be upwards of $3,000 per country, and regular maintenance fees willcost hundreds of dollars a year over the life of the patent.
In January of this year, the Canadian Intellectual Property Office (CIPO) issued Patent No. 2,246,933 to Amazon.com for its "one-click" technology, thereby marking the beginning of business method patents in Canada. ...
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