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Save money through smart patenting

Companies tend to have a good grasp on their tangible property. They know their real estate holdings and understand the value of their products. On the other hand, they tend to overlook the value of their intellectual property. Companies may understand that inventions could generally have some value to them, and may even understand that it is possible to obtain patents on those inventions. However......

Full article >>> . Nevertheless, often the buying or licensing company does not have a good handle on the patents value and enters negotiations in a vulnerable position. The result is that the buyer/licensee often ends up spending significantly more for the patents than they are worth. The buyer/licensee can even end up owning or licensing patents that have little to no value to them.

The key to successf......

Full article >>> to the buyer/licensor so that they are in the best possible position from which to negotiate the purchase/license.

STRATEGY

Patent attorneys can also add value by establishing a sound patent strategy. Companies that understand, at least minimally, the significance of intellectual property know that obtaining patents on their inventions is important. These companies will hi......

Full article >>> they still can be sued for patent infringement in the United States. This is important because companies will often think they need a foreign patent to combat competitor sales or manufacturing in foreign countries. However, if those competitors are manufacturing or selling their products in the United States, a company will almost always benefit by suing its competitor in the United States, rather......

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Source:wistechnology.com By Toby Reynolds 07/26/04


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