by Stephen Key | Sep 23, 2020 | Truthtelling
Post Views: 440 Getting a patent issued typically costs at least $10,000 and can easily cost upwards of $20,000. Most inventors who patent their inventions hope to get their money back after their invention begins selling in the marketplace. In reality, it rarely...
by Stephen Key | Sep 22, 2020 | Intellectual Property and IP Strategy
Post Views: 423 The intellectual property strategy you develop for your invention should be grounded in a business perspective — that is, if you intend on commercializing it! For your IP strategy to be effective, it needs to address the marketplace for your invention...
by Stephen Key | Jan 13, 2018 | Protecting Your Creativity
Post Views: 410 If you invent a great idea for a new product, others will copy you. It’s just a matter of when. That’s guaranteed. Whether your company is small or one of the largest in the world does not matter. Copycats are the norm now. Run a successful Kickstarter...
by Stephen Key | Jan 13, 2018 | Legal
Post Views: 459 When I shared my first ‘big’ idea with my Silicon Valley patent attorneys, they absolutely loved it. I would never be able to count all the income it would generate me, I remember them saying. So, per their recommendation, I agreed to pay a Washington...
by Stephen Key | Jan 13, 2018 | Intellectual Property and IP Strategy
Post Views: 404 Sometimes. It all depends on your business objectives. In some industries, patents are absolutely critical. But in far more they are not. It’s a well-known fact that a vast majority of patents are worthless. Around 97% of all patents never recoup the...
