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- Examples of people who did not patent their inventions and suffered as a result
- Edwin Drake - The first man to successfully drill for oil in the United States
- "Drake is famous for pioneering a new method for producing oil from the ground. He drilled using piping to prevent borehole collapse, allowing for the drill to penetrate further and further into the ground. (...) Within a day of Drake's striking oil, Drake’s methods were being imitated by others along Oil Creek and in the immediate area. (...) while his pioneering work led to the growth of an oil industry that made many people fabulously rich, for Drake riches proved elusive. Drake did not possess good business acumen. He failed to patent his drilling invention, and proceeded to lose all of his savings in oil speculation in 1863. He was to end up as an impoverished old man" (Source)
- Edwin Drake - The first man to successfully drill for oil in the United States
Quora - How should I protect my IP?
http://www.quora.com/If-I-invent-someth ... -I-deserve
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