Patents As Financial Assets: A Gestalt View of Building Them Up
Description
What if patents are treated as financial assets? What if everyone starts to do that – building up patent portfolios as a way of accumulating financial assets?
Since it takes 3 years (or more), tens of thousands of dollars, and multiple stages, to get a patent granted, one needs to plan ahead.
For someone who is in the position of responsibility (responsible for a company, responsible for one’s own career and financial success), planning ahead is simply multiplied, because when it is about building financial assets, getting a dozen or a score patents seems a logical way to go about it.
A lot more people, in addition to the technologists and patent agents/attorneys, should pay attention to patents, because the time has come when patents are treated as financial assets, in addition to being legal protection of innovation. Cases such as Apple v Samsung highlight the billion dollars that are at stake. Now think of individual inventors or small companies selling patents to Apples and Samsungs of the world.
Entrepreneurs of startups, investors, CEO of middle sized companies, individual inventors, product research and development staff of established companies, all have a shared need to gain a gestalt view of patents – from creating patents to selling them. Patenting is not idle talk when it comes to quarterly to-do lists, business plans, financial forecasts, as well as daily “executional excellence†(to borrow some MBA-speak).
These pages are written to make patents and patenting accessible, providing quite a few practical tips on steps, time-lines, procedures, and roles, involved in various aspects of patenting. Patents being financial assets, the mentality of doing patents with making a profit as a goal permeates the pages.
Since it takes 3 years (or more), tens of thousands of dollars, and multiple stages, to get a patent granted, one needs to plan ahead.
For someone who is in the position of responsibility (responsible for a company, responsible for one’s own career and financial success), planning ahead is simply multiplied, because when it is about building financial assets, getting a dozen or a score patents seems a logical way to go about it.
A lot more people, in addition to the technologists and patent agents/attorneys, should pay attention to patents, because the time has come when patents are treated as financial assets, in addition to being legal protection of innovation. Cases such as Apple v Samsung highlight the billion dollars that are at stake. Now think of individual inventors or small companies selling patents to Apples and Samsungs of the world.
Entrepreneurs of startups, investors, CEO of middle sized companies, individual inventors, product research and development staff of established companies, all have a shared need to gain a gestalt view of patents – from creating patents to selling them. Patenting is not idle talk when it comes to quarterly to-do lists, business plans, financial forecasts, as well as daily “executional excellence†(to borrow some MBA-speak).
These pages are written to make patents and patenting accessible, providing quite a few practical tips on steps, time-lines, procedures, and roles, involved in various aspects of patenting. Patents being financial assets, the mentality of doing patents with making a profit as a goal permeates the pages.
