Posts Tagged ‘Patent Licensing’
Why Patent Competence Is a CEO’s Responsibility
Why outsourcing it to a patent attorney is one of the most common — and expensive — mistakes founders make There’s a simple test for whether a patent actually matters: Did it change your competitor’s behavior? If the answer is no, then whatever you have is not protection. It may be a patent in the…
Read MoreFull court press for patent licensing negotiations
Many companies want to license their technologies. But what happens when a company takes a license, then decides to quit paying – or refuses to negotiate after the first license runs out? LG Electronics is facing the same thing with TCL, a Chinese manufacturer of televisions. LG had a license agreement in place with TCL.…
Read MoreHow Patent Licensing Works
On a small scale, a patent owner might worry about creating patents that can be asserted against competitors. The plan is to stop a competitor from copying. These thoughts are often where a startup stops the analysis. This concept is the essence of a good patent. But what happens when you get the patent? How…
Read MoreExclusive Licenses Can Be More Valuable Than Owning Patents Outright
Photo by Aleksandar Savic on Unsplash Own or Rent? Exclusive Licenses Can Be More Valuable Than Owning Patents Outright. Patents encapsulate the hopes and dreams of a company and many investors, CEOs, and inventors have a negative gut reaction about not “owning” their patents. For some reason, “owning” their patents is a deeply emotional issue,…
Read MorePatents 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 their patents are quickly settled with a cross license of your patents. Part of crafting a good portfolio is building…
Read MoreLicensing 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 are so large that one company may not have the resources to bring the technology to market or where the…
Read MoreDrafting 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 that may potentially be more valuable at the end of the patent life and may be used in ways that…
Read More