Category: Patent Strategy
-
Patents Give You Opportunites for Outbound Licensing
Patents are business tools Patents are useful only when they give your business options that increase your chances for success. Patents can be “trading cards” for negotiations. A competitor that might sue you for infringing…
-
Patents Give You Defensible Space in Your Market
A well crafted patent portfolio can give you a defensible space in the marketplace. A good portfolio will cover the key elements of your current products, plus your next several generations of products. A solid,…
-
Licensing Patents as Part of Your Overall Patent Strategy
Outbound licensing is one option with a good patent portfolio. One or more patents can be developed for a licensing strategy in conjunction with or separate from a company’s main product. There are some technologies that…
-
Defensive Patent Strategies
Patents and patent applications are very effective marketing tools and deterrents to competitors. When a patent application is filed, a product may be properly marked as “patent pending.” This marking serves two very important functions. In…
-
Patents Help Sell Your Company
When building a patent portfolio with the intent to sell a company, the main audience is not potential infringers, but the acquiring company. Depending on the situation, the acquiring company may have any of several…
-
Drafting Patents for Licensing
Patents that are intended for licensing have a distinctively different feel to them and a different method of drafting than patents that protect a specific product line. Here, our intent is to protect an idea…
-
Protecting a Product With Patents
Most companies get patent protection to protect a product. This is the first line of defense and is the most simplistic manner to use patents. In this case, the business interest is two fold. The primary…
-
Patent Portfolio Development vs. Just Getting a Patent
Most patents are a waste of money. Why is it that Apple and Samsung each have many thousands of patents, but when they start a patent war with each other over, they only assert a…
-
Patents Need to Track Your Product Strategy
If a patent has any business value, it must relate to concrete, real products that add value to people’s lives. Patents that cover hypothetical ideas and wishful thinking have no commercial value whatsoever. Whether you…
-
Never Use Equity to do a Job that Debt Can Do
Equity in your company should be valued high – after all, you have confidence in your ability to succeed. Why squander your equity when you can leverage someone else’s capital? BlueIron’s secured financing is very…