Category: Patent Strategy
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Problems Caused by the Attorney/Client Relationship
The attorney/client relationship[1] is one of the most sacred and important tenants of the US legal system, but it causes weird side effects. The attorney/client relationships HURTS startup companies when it comes to patents. The…
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Patents that are Bad Stand-Alone Investments
How BlueIron Evaluates Patent Investments. We do not invest in technologies where we don’t think there is a market for the patents alone. BlueIron treats client’s patents like collateral for loans. Our investment is protected…
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Patents that “Hide the Ball”
Photo by Caleb Woods on Unsplash I had a telephone interview with a patent examiner the other week and in the course of the interview, the examiner said that he really liked my patent application…
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BlueIron’s Patent Rating Checklist
A Patent Checklist to find out: How good is your invention? The spreadsheet contains many of the parameters discussed in BlueIron’s blog posts on patent due diligence.Please let us know if you have any suggestions/comments…
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Writing Your Own Patent
Writing your own patent? Do a business plan first. Some inventors write their own patent applications. This can be a very valuable exercise because forcing yourself to put the invention down on paper can help…
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Three Prongs to Find Patentable Ideas that Support Your Business Plan
Sophisticated patent owners take a very proactive approach to managing their patent portfolios. Patents are assets with a 20 year lifespan. They will almost always outlast the products and services that were the inspiration for…
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Due Diligence for Patents – Licensing Potential
In many cases, the licensing potential of an invention is the best way to see its complete value. When rating inventions for patenting, the licensing potential of an invention is a key component. In this…
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Actor Analysis for Patent Infringement
Due Diligence for Patent[1]s – Actor Analysis[2] tells who is the likely infringer. Actor analysis is often overlooked when valuing inventions for patenting, or for valuing patent[3][4]s once they are issued. With actor analysis, we…
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Calculating the Economic Value of a Patent
Due Diligence for Patent[1]s – The value of an invention is proportional to the ECONOMIC impact it has on a product or market. The economic value of an invention is notoriously hard to estimate, but…
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Mapping an Invention to Competitor’s Products
Due Diligence for Patent[1]s – Comparing Inventions to Competitor’s Products. Inventions with external business value will map to competitors or to potential outside licensees. These patents might not map directly to your products, but are…