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Patent Strategy for Startups. Presented by Schox at O'Reilly SOLID 2014 conference in San Francisco.
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WHAT DO STARTUPS NEED TO KNOW ABOUT PATENT LAW
BY JEFFREY SCHOX
SCHOX PATENT GROUP
Who am I?
Angel Investor
Patent Attorney
Professor
Entrepreneur
Why build a patent portfolio? What is patentable? How to identify inventions? When to file a patent application? Who to choose as a patent attorney?
• enforce against a competitor
!
Why build a patent portfolio?
• enforce against a competitor
!
Why build a patent portfolio?
*Takes 2-3 years to get a patent, and costs $3-5M to enforce.
*
• enforce against a competitor
!
Why build a patent portfolio?
• increase valuation
• deter patent infringement lawsuit
What is patentable?
General Concept
Specific ProductNot
Valuable
Not Patentable
What is patentable?
Valuable, Patentable Invention
How to identify inventions?filed should have filed
Wrongly filed patent applications: wastes money, wastes time, and
teaches inventions.
How to identify inventions?filed should have filed
Omitted patent applications: lost valuation and
increased vulnerabilities
How to identify inventions?
1. incentivize engineers to identify inventions 2. evaluate in isolation from other inventions
!
1. determine strategy (CEO, CFO, CTO) 2. uncover inventions
Bottom Up
Top Down
When to file a patent application?
APPPRV
Alpha
Beta
DFM
Who to choose as a patent attorney?
ProximityLaw
Business
Technology
Book on Amazon Stanford Lectures on iTunes Presentations on YouTube
angel.co/jschox
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