The biggest mistake companies make when it comes to their intellectual property is failing to fully identify and protect it, experts said. The consequences can be disastrous and expensive. “Intellectual property is becoming more and more important as our economy changes into an idea-based economy from a manufacturing-based one,” said Charles Lombino, an intellectual property … [Read more...] about Mind Lock: Protecting Intellectual Property
patents
Deriving Value from Patents: Strategies for Handling the Legal Challenges
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
America Invents Act Significantly Changes Patent Law: Understanding the New Law
Thanks to the recently-passed America Invents Act, Nevada businesses may find it easier to get “patent pending” status for their inventions, but the race against competitors has not yet begun. Perhaps most notably, the Act will transform the U.S. patent system from a “first to invent” to a “first to file” system, the first major reform of the patent system in over 60 years. … [Read more...] about America Invents Act Significantly Changes Patent Law: Understanding the New Law
Security at Work: How to Protect All of Your Company’s Assets
Embezzlement. Identity fraud. Data loss. Copyright infringement. Hacking. Robbery. These are only a sampling of potential threats to a business—the list is long. “There are so many different opportunities for crooks to take advantage. Everything has changed from what it was 20 years ago,” said Joe Martin, Jr., chief executive officer and co-owner of Reno-based Martin-Ross … [Read more...] about Security at Work: How to Protect All of Your Company’s Assets