Tag monetization

Can you license a patent application?

Licensing a pending patent application involves various considerations for both inventors and potential licensees. While it offers opportunities to generate revenue and transfer technology, there are also risks and challenges involved. The licensor must assess the strength of the patent application, the potential value of additional know-how, and the market demand for the invention. Meanwhile, the licensee should evaluate the risks associated with the non-grant of the patent, uncertainties in future prosecution costs, and the compatibility of the technology with their business goals. By carefully weighing these factors, both parties can make informed decisions regarding licensing pending patent applications, maximizing their chances of success in the dynamic landscape of innovation and intellectual property.

NPEs receive triple patent damages, PWC study shows

Damages awards for NPEs (non-practicing patent owning entities) are on average triple those of practicing entities, according to the 2010 Patent Litigation Study from PwC, recently made available. For some reason the report does not acknowledge that the higher quality and…

Patent Brokers and their Headaches

Assume you are a patent broker. You are being approached by a party who is extremely enthusiastic about his patent, it’s the invention that will change the world, where anyone has been waiting for or that multiple parties use (read:…