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Ip Basics: Seeking Cost-Effective Patents, Thomas G. Field Jr.
Ip Basics: Seeking Cost-Effective Patents, Thomas G. Field Jr.
Law Faculty Scholarship
This discussion briefly explores the range of intellectual property options in view of the nature of inventions and their market value, particularly for entrepreneurs. Specific strategies for controlling ever-increasing patent costs in the face of market uncertainty. It does not recommend that inventors prosecute patent applications themselves, lest they get much less than they pay for.
Technology Worth Patenting, Thomas G. Field Jr
Technology Worth Patenting, Thomas G. Field Jr
Law Faculty Scholarship
Inevitably scarce resources are better invested in deciding which [patent] applications are worth filing and seeking the broadest defensible claims for those that are chosen. Whether a patent can be obtained for less than, say, $10,000 is the wrong question. Whether a patent is worth having is the better question—particularly from the standpoint of prospective licensees.