Category: invention

Real inventions are not on Shark Tank

On Tuesday evening, I went to a “shark tank” event at TechNexus in Chicago. Thanks to my friend and colleague Nancy Fallon-Houle, the startup business lawyer, for inviting me. Here’s what I’ve learned about inventions and Shark Tank. If you’d like to know more about how to profit from your inventions, this article is for you.

Of patents and prizes, or are your engineers smart enough to invent?

Let’s say you own a business that makes something, whether it’s a software product or a hardware device. Your success depends on filling your customers’ needs better than anyone else. You innovate to make your products better, faster, cheaper. You solve your customers’ problems. That’s what your engineers and coders do. But you’re stuck on […]

3 criteria for @realDonaldTrump for new Director of Patent Office

The President-Elect @realDonaldTrump and his transition team @transition2017 are working on appointments to his new Cabinet. One of the chairs is reserved for the new Secretary of Commerce. Following close on Commerce’s heels will be appointment of a new Under Secretary of Commerce for Intellectual Property and Director of the U.S. Patent and Trademark Office (USPTO […]

Would you rather win a Nobel Prize or a Patent?

Which would you pick: The Nobel prize or a patent? If you’re like me, your instinctive reaction is to choose the Nobel. Its scarcity, prestige, and certainty of financial reward are unequaled. In this article, we’ll compare the merits of the Nobel award with the value of patents. Alfred Nobel himself will be our primary case […]

How long should a patent claim be?

House counsel for a large software company has written an open letter to me titled Pursuit of Extremely Short Patent Claims. He has thrown down the gauntlet in a public forum. Here’s what he said to me, followed by my response.