Tell a good IP story and investors are interested in funding your start-up. Tell them the same old “we’ve got a great product and management team” and they’ll probably walk away. Your intellectual property is directly linked to the future success and revenues of your start-up. You’ve got little or […]
Universities are a goldmine of untapped intellectual property waiting for startups to mine. Universities in the United States spin-off hundreds of startup companies each year. Many are in the high-tech area, using IP developed at a University, usually from a federally funded research project. In most cases, University IP is […]
Intellectual property is the lifeblood of your startup. In recent study by MIT on the characteristics of successful startups found startups with IP are more successful than those without IP. In particular, it noted that the success of startups wits trademarks are five times higher and those with patents is 35 times higher.
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.
Very often, the difference between success and failure for a startup is its ability to raise additional capital. Most startups have little or no revenue, large research and development expenses, and few tangible assets. The start-ups’ primary and most valuable asset is their intellectual property —patents, trade secrets, trademarks, or copyrights.