In 2004, Dell faced a patent infringement lawsuit for selling its computers online. A small business claimed Dell violated its business method patent for selling a product internationally using the internet. How you do something – key processes and methods that give your business a competitive advantage – are valuable intellectual property. Some examples include […]
Sometimes pooling your IP with others can be a better way to make money with it. Especially if it creates a billion dollar industry. Some of the biggest corporations in the world use patent pools to license their IP. It’s basically a joint venture strategy. The purpose of the patent pool is to make it […]
A small stationary products manufacturer used it to successfully defend its self against a large competitors claims. A small computer game company used it to defend an infringement suit by a major entertainment studio. And a small company used it to sue some of the largest US telecommunications companies for patent infringement. Patents are valuable […]
Patent and technology know-how licenses are often confused. While they often go hand-in-hand, there are actually two different strategies for licensing them. Your patents are legal rights that only prohibit others from using the parts of your technology covered by the patent claims. Your technology know-how are your methods, materials, skills, designs, formulations, specifications, algorithms […]
NASA is offering startups the opportunity to license their intellectual property technology for no upfront cost. And you can work with their IP for up to three years without paying any royalty. Some of the worlds most famous and successful inventions were created using NASA IP. These include cordless tools such as power drills and vacuum cleaners, CAT scanners, the computer microchip, and freeze-dried foods, home insulation, invisible braces, enriched baby food, the video game joystick, LED lights, memory foam and many others.