Data-Driven Decision Making for Patent Portfolio Managers

By Bret Tingey, Associate | IPWatchdog.com

A patent portfolio can be one of the greatest assets that a company owns. A patent portfolio may boost a company’s valuation for a stock offering or a sale, may be licensed for recurring revenue, may be sold to raise cash, or may be enforced to seek monetary damages or to exclude competitors from the market. However, growing a patent portfolio can be expensive. For this reason, many companies hire a portfolio manager to balance the value and expense of growing and maintaining the patent portfolio.

A portfolio manager may be responsible for making decisions including a total target number of patent filings, target numbers of patent filings for different technology areas of the company, patent firms to use for filing and prosecuting patent applications, or how to manage costs per issued patent. The portfolio manager can improve the decision-making process by using data-driven decision making. This article shows some examples of data-driven decision making.

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Your Licensees’ Patent Marking Program is Also Your Concern

By McCord Rayburn, Associate

As an in-house IP attorney, you may take comfort in knowing that your patent marking program is thorough, well-established, and properly executed. You have standardized procedures to determine which patents cover which products. You monitor product release dates to ensure appropriate marking. You have set up a “virtual marking” website to take advantage of this form of marking established by the America Invents Act (AIA). You regularly update the virtual marking website to remove expired patents and add newly granted patents. Your patent marking program is a well-oiled machine. But what about your licensees’ programs? Do you know anything about your licensees’ programs? Do you even care about your licensees’ programs? Well, you should, and the Federal Circuit recently provided another opinion to remind patent licensors that a licensee’s failure to mark can be costly.

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#patents #ipnews #patentnews #unifiedpatents #interviews #patentinsights #podcast #subscribe #clause8 #elimazour #kevinjakel #patenttrolls #ptab #aia

IPWatchdog Picks Up Clause 8 Podcast

IPWatchdog, Inc., the largest online publication for IP news, is now home to Eli Mazour’s Clause 8 Podcast.

Mazour, Partner at Harrity, LLP and host of Clause 8, began the podcast in 2017 as a way to share his passion for discussing intellectual property issues. He routinely meets with the most interesting and influential personalities in the IP field, provoking intriguing conversations on modern patent processes and legal innovation.

Stay in the know by listening and subscribing now at https://bit.ly/39TZP2y.

 

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