Posts Categorized Business Uses for Patents

Investment Grade Patents Start with a Solid Foundation

An investment-grade patent starts with a solid foundation. Most patents are worthless, and getting a good patent is less about finding the gem as much as removing the dirt so that there are more possible gems in the portfolio. We do not know which patent will ultimately be gem, but we can dramatically increase our… Read more »

How to Find a Good Patent Attorney

How to find a good patent attorney: find two attorneys, and have each one evaluate the other attorney’s work. Here is a simple technique to find a good patent attorney: start with at least *two* candidates. Ask each attorney to give you a sample of their work, and take the sample to the other attorney…. Read more »

Over-broad Patents Are No Longer A Good Thing

It used to be that “broad” patents were the best things for litigation. That is no longer the case. A patent drafting theory from 10 years ago was to draft a patent with the loosest language possible and go for claims that are nebulous. This drafting theory results in extremely broad descriptions of an invention… Read more »

The Patent Box – Part of European Patent Reform

The United Kingdom’s Patent Box is a tax incentive to have IP protection – is it coming to America? The UK has a tax incentive called the Patent Box. In essence, profits derived from patented technology are taxed at a very low rate – 10% – while other profits are taxed at their normal rate…. Read more »

What Do Patents Actually Cost?

How much does a patent cost? The US average is about $60,000. The patent process involves two major phases. Patent “preparation” is when the patent is originally drafted and filed with the patent office, and patent “prosecution” is the back and forth that happens with the examiner. Typically, the patent preparation phase is what an… Read more »

Statistical Correlation Between Patent Ownership and Success

The more patents you own – and the better they are – the better your chances of success. France Brevets, a French sovereign investment fund, has published a report (in English) that correlates success of venture-backed startups with the patents held by the startup. As you would think the chances of success by the company… Read more »

Patents that are Bad Stand-Alone Investments

BlueIron’s business model requires patents that have “commercial value” as stand-alone assets. We do not invest in technologies where we don’t think there is a market for the patents alone. BlueIron treats client’s patents like collateral for loans. Our investment is protected only by the value that the patents would have on the open market,… Read more »

BlueIron’s Patent Rating Checklist

A Patent Checklist to find out: How good is your invention? The spreadsheet contains many of the parameters discussed in BlueIron’s blog posts on patent due diligence. Please let us know if you have any suggestions/comments to make the spreadsheet a better tool. You are free to use this however you like, and please feel… Read more »

Three Prongs to Find Patentable Ideas that Support Your Business Plan

Sophisticated patent owners take a very proactive approach to managing their patent portfolios. Patents are assets with a 20 year lifespan. They will almost always outlast the products and services that were the inspiration for the inventions, and their usefulness may not actually be realized until many years after they are filed. Because of the… Read more »

Actor Analysis for Patent Infringement

Due Diligence for Patents – Actor Analysis tells who is the likely infringer. Actor analysis is often overlooked when valuing inventions for patenting, or for valuing patents once they are issued. With actor analysis, we want to know who is the actual actor that infringes the invention. This analysis often identifies patents that you would… Read more »