The Value of Patents: It’s More than the Money

Alan Eli Willner

Being an inventor on a patent can carry great weight as part of your credentials.

Lightbulb[Supatman / Getty Images]

Do you know who invented the laser? It was a subject of much controversy. After a 30-year battle, the US legal system determined decades ago that Gordon Gould, who is often credited with coining the term “laser,” was the inventor on a key patent for optical pumping to produce amplification that enables lasing.

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