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Posts Tagged ‘Patent Enforcement’

Hacking the business plan for startup funding

Want to start your own side-hustle business? Thinking about launching a new product line in your corporation? Both projects have the same steps. Get a basic business plan together Years ago, it was popular to have 30 page business plans that spelled out endless detail.  Today’s thinking is to use “Lean Methodology” to start working…

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Patents in a Business Context

Why patents as a “lottery ticket” is a losing proposition. A business owner makes hard business decisions, especially when it comes to IP.  There is only so much money and so much time, so how do you decide? Patents represent enormous potential value, and they feel like a lottery ticket.  The risk to reward –…

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Startup Funding: Apply for BlueIron Non-Dilutive Funding

BlueIron provides non-dilutive startup funding. BlueIron provides $60K or more non-dilutive startup funding for companies with great inventions. Our model is to invest in the full cost of getting patents for a company, including international (PCT) filing and expediting the patent through the United States Patent and Trademark Office. We fund companies *before* angel or…

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How Much Does A Patent Cost?

Updated 13 Feb 2021: The average cost of a patent in the US is over $50,000. The figures below come from the AIPLA bi-annual survey, last updated in 2019. Stage: USPTO Fees Patent Attorney Fees Pre-filing search – $1,500-4,000 Drafting and filing – biotechnology/chemistry $830 $11,400 Drafting and filing – electrical/computer $830 $10,923 Drafting and…

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Patents and Psychology – The Fear of Loss and the Lottery Ticket

The Fear of Loss A patent brings out weird psychology of entrepreneurs and investors alike.  They are their own worst enemy. By the way, this is one of the reasons why the patent system is broken, but not the way you think it is. Note: this is an excerpt from my forthcoming book “Startup IP…

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What Are The Costs To Enforce or Defend a Patent?

Two stages of litigation: claim construction and the trail. Post Grant Review (or Inter-Partes Review) Patent litigation can be very expensive, and the costs of litigation go up considerably with the amount of money at risk. The American Intellectual Property Lawyers Association publishes a bi-annual Economic Survey, which is the most comprehensive source of patent…

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So You Have A Patent? Now What?

For many entrepreneurs, life goes on. The nasty secret is that now that they have this new asset, they don’t know what to do with it. They spent a lot of money, time, and energy getting the patent, but struggle with the value of it.

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Patent Enforcement Insurance Makes Your Company Valuable

Why should I get a patent? I don’t have enough money to enforce it. Many startup companies don’t bother with patents because they don’t think they can enforce them.  And they are right.  A patent lawsuit can be very expensive, and the game of enforcement is really a big game of chicken: both sides are…

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