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is a Shareholder at Polsinelli and member of the firm’s national Science and Technology Group and Hatch-Waxman Practice. He practices in the areas of patent preparation and prosecution, patent litigation and patent opinions, and IP licensing and acquisition.
During periods of economic instability, intellectual property (IP) can be a surprisingly attractive investment vehicle. Product innovation through patent investment can facilitate additional revenue generation through immediate lower-yield returns, as well as longer-term, higher-yield returns. When viewing IP as a true asset, the question for businesses is how to assess and maximize these advantages, particularly in challenging economic times. In-house legal departments are well-positioned to bring value to the business, particularly during an economic downturn, to create new and innovative opportunities and sources of revenue.