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Patent Rejection – What it takes to get a patent issued
The back-and-forth process between the examiner and applicant is a necessary part of getting a strong patent allowed. We want the examiner to fully understand the invention and do a competent job of searching. If the examiner does a poor job, your patent will not withstand attack.
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How much does a patent cost?
This is according to the American Intellectual Property Legal Association bi-annual survey. This is the average patent cost across the US for a patent on a “high technology” invention, and your mileage may vary.
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Considering Constraints When Evaluating Patentable Ideas
Every invention has a set of constraints, and it is imperative to uncover and evaluate them when considering patenting. This applies to an inventor or business manager who is trying to ferret out ideas contained in a new product as well as the patent attorney who is writing claims for a patent.
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A good patent is easy to read
If you can’t understand your patent application, neither can the patent examiner.
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What does a good patent application look like?
I had a telephone interview with a patent examiner a while ago and in the course of the interview, the examiner said that he really liked my patent application because I did not try to hide the ball with the invention.
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Curating Inventions in the Invention Disclosure Meeting – Myopia
The single biggest event that determines commercial value is the invention disclosure meeting.
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Renting Your Patents – How does that work?
BlueIron’s financing allows you to “rent” your patents by having an exclusive license to the patents. This gives you all the legal benefits of owning the patents, such as being able to enforce the patents, license and sublicense the patents, keep competitors out of your markets, and even raise money because those assets are yours…
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Patents Make Your Company More Valuable to Acquirers
A well-crafted and curated patent portfolio has patents that make your company much more valuable to an acquirer. When curating a portfolio, BlueIron often targets potential acquirers.
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Patents Make Your Company More Valuable Going Into Financing Rounds
A patent portfolio increases your value when raising money. A strong portfolio sends a signal to investors that you are sophisticated, understand the marketplace, and mean to be a strong competitor in the marketplace.
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Patents Give You Opportunites for Outbound Licensing
Patents are useful only when they give your business options that increase your chances for success.