Step Five for Assessing M&A Business Opportunities

Step 5. Determine the Existing Scope of Intellectual Asset Protection.    To complete this step the future entity’s management team must examine the scope of technical know-how, trade secrets, patents, copyrights, trademarks, and existing licenses. Each assessment requires expert opinion and is described in very general terms below: Technical know-how. The scope of [...]

2021-10-08T14:55:30-07:00

Innovation Workshops to Harvest Technology Creativity

Overview of an Innovation Workshop There are also times where an idea merits thoughtful exploration and add-on innovation. This is best done through structured work originally championed by the prolific IBM inventor John Cronin.  He and his team developed a "Virtualized Innovation" process that delivers market-relevant, forward innovation concepts in a far shorter [...]

2021-10-08T15:08:05-07:00

Priority Setting Process for Patent Applications

Filing Priority Matrix Figure For large corporations once a decision has been made to file a patent the next issue associated is the priority of the filing so the legal department and external counsel prosecution schedules can be managed. The “Filing Priority Matrix” figure uses anchored scales to tie the time urgency of [...]

2021-10-08T15:08:55-07:00

Worldwide Patent Filing Strategy

World Patent Filing Strategy Map Although it may seem ridiculously simple it is also useful for patent committee to put this same information on a world map.  The Tier 1, 2 and 3 countries where the company seeks intellectual property coverage can be so colored.  It is been found the most management teams [...]

2021-10-08T15:15:33-07:00

Foreign Patent Application Status Maps

Foreign Application Status Map Associated with filing a patent application is the decision whether or not to seek coverage in foreign jurisdictions. Best way to view a patent committee’s decision process in this regard is shown in the “Foreign Application Status Map” figure. Here the five stages range from stage 1: determining if [...]

2021-10-08T15:15:21-07:00
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