Is filing a patent worthwhile?

Quoted: File your patent early or opt for secrecy. Martin Ganco, associate professor of management and human resources at the Wisconsin School of Business, advises, “A small-business owner should consider filing a patent as early as they have a patentable technology. It can be in the early stages. It is a common mistake to think that a fully functioning prototype is needed to apply for a patent. In rare cases, if the patent provides weak protection, it may be better to opt for not patenting and opt instead for secrecy.”