How Much Is My Patent Worth? Where to Begin with Patent Valuation Determining the potential value of a patent portfolio can feel like a complex, even impossible, task. Though businesses and inventors alike rely on innovation to remain competitive, the intangible nature of intellectual property makes it inherently difficult to value. The number of ways that patent value can be influenced means that each patent valuation, much like startup company valuations, is part science and part art. In addition, the opaque patent market, where most transactions are confidential, makes assessing the real-world value of a patent elusive and problematic. Having […]

How a Patent Broker Can Increase the Value of Your Portfolio The patent market is a very opaque and inefficient marketplace. Most transactions are confidential, and most companies don’t provide insight into whether they have interest in buying patents or not. An experienced and well-connected patent broker can be the key in maximizing the value of your patent portfolio. What is a Patent Broker? Like real estate, a patent is property that can be bought and sold. Like a real estate broker who facilitates the sale of real property between a buyer and a seller, patent brokers facilitate the sale […]

The Patent System Has Abandoned Inventors The American patent system was hijacked by large tech companies, who have become so unstoppably big that the government is stepping in. Yet it didn’t need to happen this way. . They are not patent trolls. They are inventors. They are innovators. They are founders. They are individuals of scientific brilliance. They are not trolls.  They worked long hours; spent their lives coming up with innovations and inventions. Invested their own money. Invested their own time, sweat, tears. Some of them built successful businesses around their innovations. Others focused one the invention side and […]

Why it’s so important to understand your sellers when buying patents The team at Richardson Oliver Insights (ROI) recently wrote an article offering advice to patent sellers on how to effectively market and sell your patents. There is some strong advice that sellers should take into account. It’s worth reading if you’re looking to sell patents. However, the piece is one-sided in its guidance on navigating an antiquated patent market. We first off would like to point out that the team at ROI (and additionally the team at Richardson Oliver Law (ROL)) are excellent at representing buyers. They provide considerable […]

. How to Beef Up Your Patent Budget  Convincing senior management to increase an IP department’s budget can be one of the biggest challenges for in-house counsel, but there are some straightforward steps they can take to get more bang for their buck. . When compared to large, well-established businesses, developing tech companies often have to contend with limited resources for managing patent IP. This can be challenging, especially when in-house counsel are regularly called upon to deal with other day-to-day legal issues. The resource challenge most often expressed from counsel is a lack of money, which hamstrings execution of […]