Tag: Trade Secrets
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Why Patent Competence Is a C-Suite 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…
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Stolen Valor: How Sleazy Patent Attorneys Abuse Inventorship
For an innovator, being named as an inventor on a patent is the crowning achievement of a career. Being named an inventor says that the person has contributed something to humanity that has never existed,…
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AI Startups: Protect Everything EXCEPT the Patent
Short version: For most AI companies, patents on “using AI for X” don’t protect you. They backfire by revealing your method while remaining practically unenforceable. The competitive advantage is in your data, processes, distribution, and…
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Handing the Keys to the Drunken Sailor and Hoping You Get Home
Letting the CTO manage patent policy is bad for business. Some CEOs abdicate their IP policy to the CTO. The CTO spends lots of time with the patent attorney, so it just makes sense to…
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Damage Control: Filing Patents After An Employee Leaves
Capturing ideas so you own them can limit the damage a key employee might inflict when they go to a competitor. A company-wide strategy for patents can have ancillary benefits when dealing with employee issues. Let’s…
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IP Theft – Starting that “Side Project”
“He doesn’t own my brain” – Oh, yes he does. Doing the entrepreneurial gig is hard. There are countless barriers and endless hurdles to overcome, and many entrepreneurs relentlessly power through them. But stealing IP…
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Who Owns the Invention?
The first step is often ‘skipped’ by startup founders. Many startups fail to have the basic agreements in place so that the company owns its inventions. Part of this is a failure to put the…
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Two Parts of a Patent Application: What You Give Away and What You Get In Return
Patent applicants are told that they are getting a “monopoly” on their invention, and that leaves out half of the equation. Patent applications come in two parts – the specification and the claims. The specification…
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IP Theft by an “Angel” Investor
An angry “angel” investor commits federal crimes by stealing IP. How an investor stole intellectual property from a portfolio company. This is a true story. Sadly, predatory actions by so-called “angel” investors are more common…
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IP Due Diligence Checklist
Due diligence is essential for any business deal, and IP due diligence[1] is shockingly left out of the equation for most angel investors and venture capital investors. Due diligence is hard work. Doing it well…