How to file a patent in a few easy steps
Inventions have the power to change the world. A simple example would be the patent named “Navigation system using satellites and passive ranging techniques,” or the GPS. Can you imagine traveling these days without the help of a GPS system on your smart phones? When an invention is protec...
HOW TO SPEED UP THE PATENT PROCESS
32 months. That’s the average time taken to obtain a patent from a patent office. In this cut-throat world of business, that’s a lot of time. There are a number of factors that affect this time duration. From patentability searching to application drafting, filing, and so on, all of these take...
8 Ways to Monetize your Intellectual Property
Isn’t that something a lot of businesses are struggling with? Here is how you can make money from your IP: #1 Selling patent portfolio: Doing this can also make you money. If you are looking for cash, selling your patent portfolio is one of the best options. You need to calculate the value of your...
6 Legal mistakes that start-ups usually do
When you are starting a company, you need to be extremely cautious about legal mistakes that you might end up doing unintentionally. The following are some of the most common legal mistakes that start-ups make: Mistake #1: Not taking the help of professionals. You might scrimp on a few thousand doll...
IP Best Practices in the time of Covid-19
IP Best Practices in the time of Covid-19 2.8 million. That’s the number of patent applications that were filed at the IP5 offices (IP5 is the name given to a forum of the five largest IP offices in the world) in 2020. Also, 1.3 million patents were granted by the IP5 offices in the same [&hel...
How to valuate patents
How to valuate patents To thrive in the market, you need to aggressively innovate. Otherwise, you will not even be able to survive, forget about thriving. Innovation is what made Honeywell go from a retailer of heat regulatory systems to developing smart technology for climate regulation and home se...