Recorded 12/13/2022
Intellectual property attorney Dr. Steven Colby discusses ways a startup can benefit or be hurt by their approach to intellectual property - emphasizing avoiding critical mistakes for your startup.
Steve discusses:
The dark side
Owning your intellectual property
Avoiding others' intellectual property
Intellectual property benefits
Creating value
Power to the little guy
and more!
About the Speaker:
Dr. Steven Colby is a partner and patent attorney at Rimon Law. He focuses on early-stage startups and develops IP with a view of increasing company valuation. Steve received his Ph.D. from Indiana University, Bloomington, where he focused on the development and design of scientific instruments. He has over 40 published scientific papers and abstracts and holds several patents. Prior to becoming a patent attorney, Dr. Colby was director of product development for a scientific instrument company. His professional background extends to software and hardware development, website development, manufacturing management, electronics, sensors, measurement devices, control systems, mass spectrometry, chromatography, and bioanalysis.
4. OWNINGYOUR IP
• Ownership initially vests in the
INVENTORS (USA)
• Applications must be assigned to
the company
• Assign Clauses
• Employer IP
• Assignment process
5. OTHER PEOPLE’S IP
• The start-up viewpoint
• Read the literature
• Keep records
• Open source trap
6. WHEN DO I NEEDTO START
THINKING ABOUT IP?
• Yesterday….
7. STRATEGY
• Patent for the Marketing Person,
Not the Engineer
• Product Driven
• Focus onValuation
• Make IP more than just a Checkbox
13. WHAT DOES THIS ALL COST?
2500
18000
30000
$0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
Provisional Non-Provisional filing Patent Issue
Patent Costs (US)
First Application Family Members
