Intellectual Property Due Diligence in Mergers & Acquisitions

Posted by Robb Evans on Monday, August 19, 2019 at 8:23 AM


No matter the size, when a company is preparing to undergo a merger or acquisition, intellectual property is a factor that can make or break a deal. An IP portfolio is a valuable asset in a company business deal and can represent a significant opportunity for profit–or potential liability. Here’s what you need to know about the due diligence process of intellectual property in corporate mergers and acquisitions.  What Types of Intellectual Property Can a Company Possess or Acquire? When many people think …

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6 Tips to Aid the Patent Application Process

Posted by Robb Evans on Thursday, August 15, 2019 at 9:10 AM


After you’ve had a patent search done to ensure that there is no prior art on your idea, the next step is to fill out a patent application form. While many people choose to enlist the aid of a patent lawyer or agent, others decide to file their application independently.  Whichever option you choose, it's important to know that the patent application process is long and expensive, so here are some helpful tips to make the first part–filling out the actual application–easier.  Talk to other patent hold…

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Education Based Patents for Back to School

Posted by Robb Evans on Wednesday, August 7, 2019 at 8:10 AM


Education has allowed us to expand the minds of our youth and has allowed adults to continue learning. In the old days, a classroom traditionally didn’t involve a lot of stuff. At most, you could expect a chalkboard, some chalk, paper and pencils. Today, our classrooms have expanded far beyond these necessities, providing revolutionary new ways to engage students and communicate essential principles. Here are some of the many patents that have evolved with technology, learning, and all aspects of the educat…

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Selling and Licensing Your Patent

Posted by Robb Evans on Monday, July 22, 2019 at 9:24 AM


You have a brilliant idea for a product or service and it’s patented, congratulations! But now what? How do you make money from that idea? Numerous things can stop us from putting patented ideas into production, no matter how big our operation is. You may determine that it's too expensive for you to produce, or that you want to concentrate your efforts in another area of development. One way to make money from an underutilized patent is to sell or license your patent to a company.  When you want to sell yo…

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Trending Tech: Folding Technology Patents Are the Future

Posted by Robb Evans on Friday, July 19, 2019 at 8:36 AM


Technology is constantly evolving, and it seems as if every day something new is coming out. Keeping an eye on popular patent topics is a great way to watch for early developments in consumer technology. Lately, one of the biggest trends in the tech patent world is folding screens. From phones to computers, here are the latest folding technology patents and what they mean for our digital world.   Foldable Phones Apple is arguably the most well-known name in the phone game, but they weren’t the first horse…

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Patent Portfolio Management Tips for the 21st Century

Posted by Robb Evans on Monday, July 15, 2019 at 8:51 AM


As global markets, patent law, and technology all progress and change, it can be difficult for businesses to know how to adapt their patent portfolio in order to maximize their assets and control management costs. Here at Global Patent Solutions, we provide search, consultation, and IP management services that help businesses better position their IP strategy by leveraging the power of information. Here are a few key considerations that we’ve noticed can help businesses nail down a winning patent management…

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Guarding Against Patent Trolls Through Smart Patent Search

Posted by Robb Evans on Thursday, July 11, 2019 at 10:18 AM


The patent system was established in order to promote innovation in the United States, rewarding new ideas by protecting exclusivity in exchange for shared information that can benefit everyone. Patents grant holders the ability to bring legislation against anyone who is infringing on their intellectual property.  However, like most things, this idealistic system can be twisted in order to serve those who are only looking for personal gain, rather than contributing innovation and economic stimulation to th…

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Understanding Chemical Structure Patent Searches

Posted by Robb Evans on Monday, June 24, 2019 at 8:49 AM


Typically, when people think of patenting something, it’s often a product, something tangible that others can use. But many different things can be patented. A process, such as a new business process can be patented or a formula, such as a recipe, can be patented. There are also some things that can’t be patented, such as a mathematical formula or substance found in nature. A chemical patent is a patent for a chemical product. Examples of chemical patents that shaped our modern world are penicillin, polyet…

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Fun Patents to Make Your Summertime Cooler

Posted by Robb Evans on Friday, June 21, 2019 at 8:54 AM


Every summer it seems like new products enter the market to accompany us on our vacations and adventures. From classic products like sunglasses to new ones like inventive toys, we’ll take a look at the patents that have contributed to a great American summer from past and present decades. Sunglasses   Sunglasses are a summer staple. It’s hard to go outside in the blazing sun without covering your eyes (unless you want to squint all day). The history of sunglasses goes far back and some of today's most wel…

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Answering Popular Shark Tank Questions and Patent Searches

Posted by Robb Evans on Monday, June 17, 2019 at 11:59 AM


Many inventors and entrepreneurs dream of going on Shark Tank, but what does it take to actually get a chance to pitch your invention to the Sharks? Before you send in an audition application, here are a few questions that the Sharks commonly ask, and how you can be better prepared to wow them with your answers.   Do You Have a Patent?   A common question that the Sharks ask entrepreneurs during their pitch is if they have a patent. What the Sharks are looking for through asking this question is your inve…

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3 "Green" Patents that Could Save the Environment

Posted by Robb Evans on Thursday, June 13, 2019 at 9:20 AM


It’s no secret that our environment is in danger. In fact, thinking about pollution, ozone deterioration, and wildlife extinction keeps more than a few of us up at night. Fortunately for everyone, some of the best minds in the world are developing innovative new techniques and technologies that could mean a brighter tomorrow. Here at GPS, we love to celebrate the creativity and hard work that leads to some of the most vital technologies in our world. Here are just a few examples of amazing patents that cou…

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A Guide to Global Patents

Posted by Robb Evans on Tuesday, June 11, 2019 at 10:41 AM


Understanding the Purpose of PCT Applications A patent issued by the USPTO (United States Patent and Trademark Office) is valuable, and difficult to obtain. However, it will only protect your intellectual property within the US. In an increasingly global economy, a patent issued by just one country may not be enough to protect your business’ growth. The PCT, or Patent Cooperation Treaty, was designed to solve this problem. An application filed through the PCT acts as a placeholder for a patent application…

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Why You May Need Intellectual Property Insurance

Posted by Robb Evans on Thursday, May 23, 2019 at 11:41 AM


If you have a patent that has been approved, you never know if or when someone could infringe upon the rights of your new patent, so it’s best to protect yourself. Maintaining a patent over time can become extremely expensive, depending on the competition in the market. The best way to protect yourself legally is to purchase intellectual property insurance.      What Is Intellectual Property Insurance? Intellectual property insurance is often known as patent insurance and is something that all new invento…

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Do You Need a Patent For Your Software Invention?

Posted by Robb Evans on Tuesday, May 21, 2019 at 11:36 AM


When it comes to patents, probably none are more hotly debated than the software patent, especially in the United States. Some see getting a patent for your software invention as necessary to protect your idea, whereas others see it as an inhibitor of freedom for those who write code and create software, since modifications and adaptations often need to be fluid in the rapidly-evolving world of software development, rather than bogged down by governmental bureaucracy. If you have a software or computer-tec…

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When to Get a Freedom to Operate Search

Posted by Robb Evans on Friday, May 17, 2019 at 11:28 AM


There are many different forms of patent search, and not all of them end with a patent application. One of the most common patent searches that we do here at Global Patent Solutions is a Freedom to Operate (FTO) search, also known as an infringement search, right-to-use search, or clearance search.  What Is a Freedom to Operate Search? The main goal of an FTO search is to see whether your planned business operations and development will infringe upon already-existing patents. An FTO search enables a paten…

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