by nwpatents.com | Sep 30, 2015 | Uncategorized
It is well known that less than 10% of patented products or services are commerically successful. At larger IP law firms, inventors often spend $20K to $25K seeking patent protection on a product and service that at the end, has little or no commerical value. ...
by nwpatents.com | Sep 29, 2015 | Uncategorized
Mr. Ronld D. Slusky, in his book Invention Analysis and Claims (published by America Bar Association), recommends that patent attorneys use a problem solving statement to identify the ‘inventive concept’ of an invention. We agree.The claims in a patent...
by nwpatents.com | Sep 28, 2015 | Uncategorized
When you think of a new product or service, it has no real commercial value. It may have potential value, but has no ‘real’ commercial value until is it developed into a commercial product or service and then sold in the marketplace. Until the product...
by nwpatents.com | Sep 15, 2015 | Uncategorized
Check you this October, 2014 Youtube video on how Venture Capitalists evaluate and decide whether to invest in a product or service. Harvard i-lab | How Are You Going to Make Money? – YouTube
