Investopedia: The Long-Tail Value Of Supreme Brands
The way tech companies like Apple (Nasdaq:AAPL) and drug companies like Pfizer (NYSE:PFE)
fight to defend their patents, you'd think that success in business is
impossible unless you can lock up your best ideas behind walls of
patents and copyrights. While these legal protections for innovation are
indeed important, a host of companies have demonstrated that there are
considerable rewards to be wrung from brands and reputations protected
by little more than the consumer's ongoing preference for the real McCoy
and the value of the trademark.
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