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Getting A Software Patent Is Valuable But Frustrating

Startup Professionals Musings

For a software startup, a patent can be the intellectual property providing the key competitive advantage, or it can be an expensive non-defensible bureaucratic nightmare -- or both. Some argue to simply eliminate software patents, while others put their hopes in U.S. Every business is global, but patent rules differ around the world.

Patents 53
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Respect Competitors and Capitalize on Your Strengths

Startup Professionals Musings

Don’t let your passion and ego overcome good business sense and common courtesy as you educate people on other alternatives in the marketplace. Here are my thoughts on the right steps to prepare for these discussions and how to capitalize on your strengths: Declare and file your innovations early as intellectual property.

Capital 63
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Maine’s Largest Hospital Launches Internal Health Tech Accelerator

Tech.Co

Unfortunately, health systems—and the education of people who work within health systems—are not designed to capitalize on the insights of their employees, she said. The hope is the teams will emerge from the program in June 2018 with a beta product or service and in a position to raise capital.

IP 70
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10 Marketing Strategies To Drive Exponential Growth

Startup Professionals Musings

Elon Musk and Tesla made their battery patents available to anyone, to clear the path for market infrastructure growth and compatibility, which of course benefits Tesla. These can easily start new trends, or capitalize on existing ones. Include marketing initiatives to educate and help customers.

Marketing 170
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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. The royalty investor providing capital is a third party who makes a financial transaction with you, investing in you to receive a portion of the royalties from your IP.

IP 136
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6 Keys To Convince Investors Of Your Competitive Edge

Startup Professionals Musings

We all know the challenges involved in getting and protecting a patent, but patents are still strong evidence of a competitive advantage, generally sustainable for twenty years. Capitalize on the experiences of you and your team. Competitive businesses have great teams, as well as great products.

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Should I license my IP, sell a royalty stream, or just produce products?

Berkonomics

They will be more willing to pay a royalty fee if your product gets them to market earlier or is protected by patent to create a barrier to their competition. The royalty investor providing capital is a third party who makes a financial transaction with you, investing in you to receive a portion of the royalties from your IP.

IP 120