My fourth installment of Patent Connections posted earlier this week, discussing how innovations go from funding small companies into driving “big money” patent litigation. Check it out:
The preferred strategy is to pursue patents in line with an overall business and innovation strategy, rather than a strategy in itself. By considering the goals, budget and technology, a company limits wasteful spending and maximizes investment in its patents. Where the budget is high, and the technology relatively open, a company might justify filing for a broad range of coverage. Where funds are limited, and the technology “crowded,” a company might focus its resources on only those patents that are most likely to provide a return for the company (whether that is in patenting a core technology that sets the business apart from others, or patenting specific implementations of a technology with an eye toward licensing more established manufacturers).