Many companies are sitting on under-exploited patent portfolios. WIPR talks to Mike McLean of TechInsights about how to get the best out of your patents.
Patent assertion is a hot topic. Whether it’s US President Barack Obama announcing new measures against so-called ‘patent trolls’, non-practising entities (NPEs) litigating against industry players, or technology companies exploiting otherwise unused patents through licensing negotiations, it’s clear that patents are more highly-valued than ever before.
Despite that, however, many companies are still sitting on large numbers of patents that cost money rather than make it. With maintenance fees and the time required to manage these patents, what could be valuable assets can actually end up being a drain on a company’s resources.
Many companies have been dealing with this issue by researching their portfolios, divesting those patents they don’t need and asserting those that could provide extra value. While this process can be conducted in-house, many companies may not have the time to take on such a huge project so they seek outside support to conduct this activity.
To continue reading, you need a subscription to WIPR. Start a subscription to WIPR for £455.
In-house feature articles, the archive and expert comment require a paid subscription. Subscribe now.
Want to give it a try? We are offering a two week free trial to the WIPR website – register and select “Free Trial” to begin access to the full WIPR archive and read the latest news, features and expert comment. Begin your free trial here.
Is your 2 week free trial about to end? Upgrade to a 12 month subscription for £455 now.
If you have already subscribed please login.
If you have any technical issues please email tech support.
patent trolls, npes, patent portfolios