While a patent holder may derive substantial revenue though licensing its patent portfolio, engaging in licensing negotiations presents a number of potential traps for the unwary. In the April issue of Nevada Business Magazine, we discussed the risk that, by entering into licensing negotiations without exercising due care, a patent holder can subject itself to being sued in an … [Read more...] about Deriving Value from Patents: Strategies for Handling the Legal Challenges
Deriving Value from Patents: Legal Challenges and Strategies for Handling Them
United States patent grants the owner an extraordinary property right. In exchange for the patent’s teaching of how to make and use a patentable invention, the patent grants the patent owner the exclusive right to seek to exclude others from exploiting the invention. Patent owners can use this exclusion right in a variety of ways. In addition to using a patent to exclude others … [Read more...] about Deriving Value from Patents: Legal Challenges and Strategies for Handling Them