Posts Tagged ‘PPH’
Budgeting for Patents
How much should a typical company budget for patent protection? One of the best books on IP and patents is Patent Portfolios by Larry Goldstein. In this book, Mr. Goldstein analyzes how companies build out their patent portfolios. Much of this post is derived from his book. What is a good budget for patents? 1%…
Read MoreHow Much Does A Patent Cost?
Updated 23 July 2023 The average cost of a utility patent in the US is over $50,000. This is just the cost to file a utility patent application and the patent examination process. It does not cover the cost of enforcing your patent, which can be in the millions. All patent owners should have patent…
Read MoreHow long does it take to get a patent?
It takes, on average, 2-4 years to get a patent from the United States Patent and Trademark Office. But, you can change the speed based on your filing strategy. How long does it take to get a patent? Depends on your strategy. The chart above shows how long a patent was pending for the patents…
Read MoreUSPTO’s Track One vs Patent Prosecution Highway
Updated April 2020 Screenshot taken 5 Apr 2021 from https://www.uspto.gov/dashboard/patents/pendency.html Why the USPTO’s Track One[1] is the mark of a lazy patent attorney. If your patent attorney is suggesting “Track One” to expedite your patent case – be wary. It is a trap. I would go so far as to say that Track One is…
Read MorePatent Financing: How startups can obtain funding for their patent applications
Note: This article originally appeared on IPWatchdog. Year after year the patent laws become more complex. It seems with every decision from the Supreme Court and the Federal Circuit more detail is mandated for a patent application to be complete and for patent claims to have a fighting chance. These case law changes, as well…
Read MorePatents Need to Make Business Sense
Patents can be part of an overall business strategy, but they need to make business sense. In our business of investing and financing patent portfolios, we can only invest in patents that have real commercial value. From the startup’s perspective, there are several ways that a patent can have value. Merely having a patent pending…
Read MorePatent Prosecution Highway
The fastest and best way to get your patents: The Patent Prosecution Highway. The Patent Prosecution Highway is a program available at many patent offices around the world that put your patent application on a fast track to issue. BlueIron consistently gets US patents issued within 12-18 months using the PPH, and has extensive experience…
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