Posts Tagged: "Start-Ups"

iPEL Responds to Skeptics by Expanding Free Licensing Program

What if those who own large patent portfolios decided to actually help start-ups by opening up their patent portfolios to those start-ups rather than have those companies operate without a net and worrying about what has become an omnipresent threat of patent litigation? After all, a patent owner with a well formulated licensing program is not one who is interested in going after cash starved start-up companies anyway.

Understory Earns U.S. Patents for Weather Sensing Technology

Understory’s first patent covers the sensor device itself which consists of a stainless steel sphere sitting on top of a shaft, a configuration which one of the sensor’s designer called “God’s joystick.” “The sensor detects microdeflections from rain or hail pushing on the joystick,” Kubicek said. Such measurements take place on the order of 50,000 times each second and algorithms processed at the device separates each microdeflection into a data point which can be sent to a cloud-based network of weather data… One has to wonder though whether the Federal Circuit and Supreme Court, when they might get their hands on these patents, will find them to be directed to nothing more than an abstract idea. After all, sensing the weather has been done since at least the dawn of recorded history.

Increases in Innovation, Patent Boom Leads to Development in China

The patent boom China has been experiencing is easy to explain. China as a country has been unwavering in its support for domestic patent production in recent years. Indeed, the Chinese government has been actively encouraging not only increased innovation that makes it more likely there will be patentable innovations, but that government has been aggressively incentivizing increased patent filings. Incentives include subsidizing patent filing fees, providing rewards for patent filings, and tax credits that are tied to patent output. In many ways, China’s innovation economy is a near photo-negative of the current iteration of the U.S. patent system.

Negotiating Your First Big Tech Software License

One of the critical moments in the life of a start-up tech company is landing its first big contract with a giant tech company. That first tech deal is also a daunting process. Take a deep breath. You can negotiate these agreements, as long as you negotiate smartly. Here are five common-sense tips for going forward… Play the long game. Nothing begets more business opportunities than a satisfied customer. Earn their trust. Show them you can deliver what they want. If you can start that process as early as the negotiations on the first contract, you are already ahead of the game.

IP Due Diligence for Start-ups in the 2018 Legal Environment – The Most Important Conversation

For IP due diligence for investment in a start-up or young company, the most important conversation is with the key developer(s) of the product(s) or service(s) [the “Conversation”].  Ideally, the Conversation is led by an IP attorney who understands the technology.  The goal is to determine the source of the product design.  Was open source software used?  Is this a variation of something an engineer was working on at a prior company?  Was a published article used?  Perhaps consultants were used?  Was the design changed during development after some dead-ends?  Where there isn’t budget for a full-fledged investigation, this Conversation and follow-up will likely get 80% of the risks identified for 20% of the cost.