Patent infringement analysis is only as good as the expertise of the analyzers–specifically, their understanding of United States patent laws. According to the Office of the General Counsel for North Carolina State University, the entity which defends the ownership rights of products/services invented by university employees, a U.S. patent gives the inventor “the right
Some entrepreneurs believe existing businesses, with an established business valuation, pose less risk in the purchasing process. While this may be true, due diligence remains essential in the purchase. Purchasers must fully understand what is being purchased and what assets are coming in the deal. Anyone who has decided to purchase
What is IP, and Why Does IP Valuation Matter? IP valuation is the process of determining the market value of “intellectual assets”. It’s important because “IP intensive industries contributed $5 trillion, or 35% of our Gross Domestic Product”, as reported in the 2012 Intellectual Property and U.S. Economy-Industries in Focus report. IP companies, also, were responsible for
Is your royalty payment trending too low? Calling for royalty audits can put a trusted third-party into the books, combing for any anomaly on your behalf. Do you suspect that an audit will turn up under-payments? If you didn’t plan ahead during the licensing phase, inspect your licensing agreement first. Terms of Your
