By Cheryl Milone Crowdsourcing has been an area of growing use and recognition in the IP industry. Where the recent White House and USPTO initiatives are successful, the quality of patents issued in the future will increase. This in turn, should reduce patent litigation based on patents of questionable validity. In the meantime, litigation is […]
The Real Value of Patents
July 21, 2014 by Leave a Comment
By Jeremy M. Ben-David, at JMB Davis Ben-David. “Do you know how much money we spent on patents last year?” This is a common opener to a panic attack, shortly before all the money that has been invested, is shown to be a waste, as the CEO or Chief Legal Counsel, having no idea why their […]
Best Practice Processes for Patent Maintenance Fee Payment Decisions
July 14, 2014 by Leave a Comment
By Joseph Hadzima My previous article showed how expensive patents are – from $220,000 to $440,000 to file and maintain a patent in the United States and 9 other major industrial countries. I also discussed one experiment that showed that data driven patent analytics could predict manually determined patent maintenance fee payment decisions over 70% […]
Intellectual Property in the Board Room
July 7, 2014 by Leave a Comment
By Paul Adams “Knowledge” as Francis Bacon observed “is power.” 500 years later, in today’s technology led economy Bacon’s observation is truer than ever. Study after study has demonstrated that companies that create and successfully leverage knowledge and innovation (intellectual property) consistently and significantly outperform their competitors and create lasting shareholder value. Conversely those that […]
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