Category: Drafting Patent

The Rise of On-Line Marketplaces Online marketplaces have become increasingly popular in recent years, and they now play a significant role in the global economy. Some of the factors that have contributed to the rise of global online marketplaces include: The growth of e-commerce: The increasing use of the internet for shopping has led to…

Starting a software company can be an exciting and rewarding experience, but it is not without its risks. One of the most important steps that software startups can take to mitigate these risks is to conduct due diligence. Due diligence refers to the process of investigating a potential investment or business opportunity to confirm its…

The essentialist philosophy is a way of thinking that can help individuals and organizations prioritize what is truly important and essential. In a world where there is an abundance of options and distractions, it can be easy to get bogged down in trivial details and lose sight of the bigger picture. By focusing on what…

Developing and protecting patents is a fundamental element of company value creation. They provide companies with a strategic advantage, are intangible assets that help prevent technology copying, and serve to deter intellectual property theft. However, implementing an effective intellectual property strategy can be challenging. As corporations across the innovation spectrum look for cost-savings and cut…

The process of purchasing, using or licensing patents from another company or individual is called external patent acquisitions. A company can buy the rights of another person to manufacture or sell a patent. It can also make a strategic decision to acquire external patents if it wants to increase its intellectual property portfolio or expand…

A comprehensive intellectual property strategy is critical for the long-term strategic development of your company. This role is even more pertinent today as companies across all sectors of innovation look for cost savings opportunities and implement budget-cutting measures. IP rights such as patent protection and trademarks can give businesses a strategic advantage by preventing rivals…

In-house patent counsel must create a close partnership with R&D teams in order to identify and capitalize on intellectual property (IP) assets. They also need to craft an effective IP strategy that plays an integral role in the long-term strategic development of their companies. This role is even more essential as corporations across the innovation…

Collaboration and co-innovation is becoming increasingly essential to modern innovation success. By collaborating with external partners, organizations can gain access to invaluable pools of expertise and reduce their own investment risk in research and development (R&D). However, patents present several challenges in this context. These include overlapping property rights and the creation of patent thickets.…

The collaborative drafting of patents is the process whereby multiple people work together to create one patent application. This usually involves patent agents or attorneys working with inventors in order to create a patent application that accurately and completely describes an invention. Collaboration among co-inventors can enhance the quality of patent applications and give researchers access…