For many technology startups focused on developing innovative and exciting new products, building a solid and valuable patent portfolio takes a back seat as a distinctly secondary consideration. Such a lackadaisical approach to patent protection can dramatically affect the worth of a desirable, new product to a potential investor, buyer, or licensee. In contrast, you can maximize the value of your startup to an investor, buyer, or licensee by thoughtfully designing and implementing a strategy to maximize the scope and strength of your patent portfolio, in the context of its overall business environment and competitive landscape. We, therefore, advise startups to begin preparing their patent portfolios for sale as early as possible, if not upon inception, with the assistance of patent counsel, in order to allow enough time to create a valuable patent portfolio and address any weaknesses before reaching out to prospective investors, buyers, or licensees.
Ownership and Third Parties
Investigate the Competitive Landscape
Prepare to Manage Information
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