How to Approach a Patent Infringement Case

After successfully registering your patent with USPTO any competitor attempting to use your idea needs to ask for your approval first. Sometimes you may come across other companies using and selling your ideas without your approval. This is called a patent infringement, and when infringement takes place, the patent holder can pull the offender into court. To sue the alleged …

An Introduction to Intellectual Property

For any business, the right to tangible assets such as equipment, land, and the like is considered to be common knowledge, and there are no concerns about ownership in such a case. But what about the intangible assets such as the names, symbols, and images? Any creation of the mind that has value is regarded as an intellectual property of …

Patents Bring Value to Startup Businesses

As a startup owner, you should know that your ideas and intellectual property may become the chief source of wealth in your company. This has been the case for 80% of the value of public companies today. Let’s look at how your startup can use its IP to strengthen its financial and strategic position. Using Patents to Finance Operations Recent …

Where Can My Start-up File Suit for Patent Infringement?

A patent owner could bring an infringement suit just about anywhere until this past May. That’s when the United States Supreme Court issued TC Heartland v. Kraft Foods Group Brands, which reversed a 1990 decision that broadened the venue criteria for bringing a case. The Supreme Court reinstated the Fourco Glass rule it had originally been decided in 1957 which allows companies to …

startup

Startup Owner Sees Lawsuit as a Rite of Passage

GoSpotCheck recently made the ranks of tech giants like Oracle and Apple—at least in one dubious category. Each of these companies has been sued by Leigh Rothschild. Rothschild and his Plano, Texas-based company Rothschild Digital Confirmation brought an action against GoSpotCheck in U.S. District Court in Denver, claiming they violated a 2008 patent for attaching a timestamp and location data to …

design patents

Startups: Don’t Forget about Design Patents!

When startups begin talking about intellectual property, the focus is often on utility patents. These are patents that cover the creation of a new or improved—and useful—product, process or machine. Generally speaking, a utility patent protects the way an article is used and works, but a design patent protects the way an article looks. To give you some idea about …

Detroit Is Trying Really Hard to Woo Young Workers

Source: Bloomberg  Detroit needs more people like Victoria Schein. Less than a year out of Smith College, the 23-year-old software engineer has filed for 14 patents and received nine as part of Ford Motor Co.’s driverless-vehicle research team. A self-described “California girl” with a thing for cars, Schein, a former Ford summer intern in the company’s Silicon Valley research center, …