Category Archives: Entrepreneurs

The Coming Explosion of the Patent Monetization Market: Brought to You by Open Innovation and What Needs to Happen in Order to Speed Up the Process

This week, I got a call out of the blue from a very senior business development person at a Fortune 10 technology company “wanting to know more” about patent licensing and monetization.  This was a bit strange:  his company has literally dozens of patent professionals on staff, files 100’s of patents a year and, as I… Read More »

A Patent Reality Check: Litigation Not a Viable Revenue Source for Most Inventors

The ability of an intrepid inventor to strike it rich from a great idea seems to be embedded in the DNA of many Americans.  Perhaps this view emanates from the presence of patents in the US Constitution, which could create a feeling that US citizens have an “inalienable right” to use patent protection to their… Read More »

“It’s Not You It’s Them” or “They’re Just Not into You”: Why Being an Independent Inventor is Like Dating

The view that a good idea will result in a windfall for an independent inventor seems to be embedded in the fabric of US culture–perhaps it’s because the patent system dates from our earliest days.  Indeed, a surprisingly large number of people think that getting a patent will result in a large company paying them huge sums of… Read More »

Reality Check for Inventors: Most Corporations Will Not Give Your Idea a First Look. Here’s Some Reasons Why.

Many people assume that corporations will readily consider good ideas from external sources, presumably because from the outside it makes sense to do so.  That is, why should a corporation spend the time and money to create something from scratch if someone else has invented a product or technology that is a good fit and can be acquired… Read More »

50% of Venture Capital Investment is Lost: How Your Clients Can Improve These Odds by Using the Right Patent Analytics

THE SKINNY ON THE QUALITY OF VENTURE CAPITAL-RELATED INVESTMENT DECISIONS If you are a counselor of venture capital firms or entrepreneurs who owning start-up companies that are targets of venture capitalists, you might already be familiar with the high rate of failure associated with such investments. Nonetheless, you may be surprised to find out that… Read More »

Entrepreneurs: Ask 2 Simple Questions to Determine Whether IP Strategy is Critical to Your New Business Venture

Intellectual property (“IP”) is often a subject that is “out of sight, out of mind” for entrepreneurs who are launching new business ventures. And, why shouldn’t it be: business schools rarely teach much about law in general, let alone about the highly specialized world of IP law. Since non-business school trained entrepreneurs generally take their… Read More »