Most Startups, SMEs, as well as large Enterprises come to a stage where they find they need patents to sharpen their competitive edge. They reach or aspire to reach a level of success where the intellectual property (IP) becomes a necessity, but patent portfolio development is perplexing.
Unfortunately, building and managing your IP is a topic that is neither taught in business nor engineering school. What makes the situation worse is that unlike other areas of business – marketing, sales, finance, etc. – there are no readily available management tools or workflows to build, grow, and manage patents.
Most decision-makers resort to hiring a patent attorney or law firm to help them solve the conundrum which is an expensive way to go about developing a patent portfolio and may miss entirely the strategic goals of your enterprise.
Bottom Line: Decision makers at these companies get overwhelmed with cost as well as the process involved in implementation of a patent program.
If what we discussed above sounds like your concerns, join Tom Franklin, Co-founder of Triangle IP and a seasoned patent attorney with more than two decades of experience in building and managing patent portfolios of SMEs and large enterprise.
In the session, Tom discussed:
- Why patents are important to an incumbent/start-up/SME?
- How to craft a patent strategy that complements your business?
- What patents really cost and how can you avoid spending half of your fortune on them?
- And most importantly, how to select the right patent counsel who understands the nuances of your business?
