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How long does it take to get a patent?
It takes, on average, 2-4 years to get a patent from the United States Patent and Trademark Office. But, you can change the speed based on your filing strategy.
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Non-transitory storage media
If you have a patent claim with the term “non-transitory storage media” – you should find another patent attorney.
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Provisional Patent Applications Hurt Startups
The patent bar does a terrible job of serving smaller clients – and provisional patent[1] applications are a glaring example.
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Do Startups Give Up On Their Patents?
Patent valuation[1][2] can be inferred from how much effort an applicant puts into their patent. One of the common criteria for the more sophisticated patent scoring algorithms is the number of continuation applications.
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Invention Mistakes Made at the “Idea Stage”
Patents at the idea stage represent a huge risk because there just is not any data to support an investment in a patent.
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The S-Curve, Innovation, and Intellectual Property
Every technology grows on an “S-curve.” The S-curve cycle is where an idea is born, then it struggles to get product-market fit through infancy. Once it begins to get traction, there is a period of growth, after which the technology levels out and eventually declines.
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2020 Has Been The Best Year
I am sad to see 2020 go. It has been a monumental year in many ways. Lots of things were shaken very hard, and many things broke under the stress, but many things were improved.
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I Do Not Want a Patent I Do Not Deserve
It is really tempting to think that you can get an enormously valuable patent. Then you can dominate some big market and get paid handsomely.
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Betting on the Home Run
Angel investing requires analyzing the ability of the entrepreneur to make their business happen. Entrepreneurs who bet everything on a single home run are very poor investments. It is much better to find the “grinder” startup who is willing to do the hard work.
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Using Patents as Blackmail
My company finances patents for small to medium sized companies, so I often get inquires from people who want to build out a patent portfolio. A while ago, I received a call from an inventor who wanted to file a bunch of patent applications, then sell them back his former employer.