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Are you wasting money filing patents?

Berkonomics

But only recently did I read a clear document on the risks and rewards of patent strategy. Thanks to Russ Krajec, a patent attorney, for the quick improvement in my education, here are some important points to consider when thinking of your patent strategy. What is the true cost of patenting an idea? And private.

Patents 168
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Intellectual Property – Worthless To A Startup, Priceless To A Big Dumb Company

InfoChachkie

It requires you to expend your two most valuable resources, your time and your money. Patents held by startups generally have a limited ability to reduce competition. The average time required to obtain a patent is 36-to-40 months, during which there is no guarantee your adVenture will ultimately receive patent protection.

IP 256
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The Good, The Bad, And The Ugly Of Software Patents

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The good news is that a patent can scare off or at least delay competitors, and as a “rule of thumb” patents can add up to $1M to your startup valuation for investors or M&A exits (merger and acquisition).

Patents 100
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Software Patents Have Become a Startup Nightmare

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. This patent holding company has charged infringement and demanded royalties from every app developer for the iPhone and Android, for a feature most agree has been in apps for many years.

Patents 93
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Software Patents are Becoming a Tax on Innovation

Startup Professionals Musings

I always advise software startups to file patents to protect their “secret sauce” from competitors, and to increase their valuation. The bad news is that patent trolls can squeeze the lifeblood out of innocent and unsuspecting entrepreneurs, as exemplified by the current mess around Lodsys patent No.

Patents 91
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EC Drops Antitrust Case Against Qualcomm

socalTECH

The European Commission today announced that it has decided to close formal antitrust proceedings against San Diego-based Qualcomm , saying in a statement that "it does not consider it appropriate" to invest further resources into the case. Tags: european union commission qualcomm patent legal lawsuit antitrust. Nokia Corp.,

Patents 140
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Hire for your core. Partner for the rest.

Berkonomics

By carefully recognizing and focusing upon the very core of the business, these CEOs are allocating their scarce cash resources to hire the best talent they can find to support that core business, and then reaching out to partners, independent contractors, and other small businesses to provide all other functions.

Patents 159