Patent?? or Secret??? The Decision that Could Make or Break Your Startup in 5 Minutes!
Ari Massoudi
I do stuff enabling Mankind to live longer, stronger and smarter ?????????=>??
Academic scientists, industrial engineers and deeptech startup founders, fasten your seatbelts!
We are going on an exciting journey into the fascinating world of intellectual property. Imagine yourself as explorers in a lush jungle of innovations, where every idea is a treasure to be protected. Ready for the adventure? Let’s go!
Industrial Property Management: Your Compass in the Jungle of Innovation
Let's start at the beginning: industrial property management is like being the captain of a high-tech ship in an ocean of opportunities and dangers. It's not just a matter of filing patents whenever you feel like it. No, it's an art, a strategy worthy of the greatest chess games!
Imagine your industrial property is like a superhero. At first, he’s just a regular guy who costs money (expenses). But with the right training (management), he becomes a real Avenger who brings in big money (investment) and eventually saves the world (asset building). Cool, right?
Strategy: Your Treasure Map
Your IP strategy is your treasure map. It must be in perfect harmony with your business plan, like a perfectly synchronized dancing duo. And be careful, it is not just a question of "to file or not to file" patents. It is a crucial choice that can change the entire dynamic of your business.
Imagine you've invented a time machine (we can dream, right?). Will you patent it and reveal how it works to the world, or keep it a secret like the last episode of your favorite TV show? Each option has its pros and cons. Choose wisely, young padawans of innovation!
The three acts of your technological epic
Your adventure unfolds in three acts, each with its own intellectual property challenges:
1. Before the big departure: This is the moment when you scan the horizon with your telescope. You look for legal pitfalls, anticipate storms (litigation) and enrich your treasure map (technical knowledge).
2. During the voyage: You are navigating in troubled waters. You must manage confidentiality (no mutiny!), protect your discoveries and optimize your resources (because even pirates have a budget).
3. Safe arrival: You have reached your destination! Now you need to defend your treasure (industrial property rights), make it grow (licenses, transfers) and evaluate it (how much is your treasure chest really worth?).
The captain of your innovation ship
Attention, techies! Industrial property is not the business of a single "Mr. Patent" hidden in the hold. No, it is the business of all the officers on the ship. From the captain (CEO) to the cabin boy (trainee), everyone must be on deck!
For your strategy to be effective, the Grand Admiral (the general management) must chart a clear course and communicate it to the entire crew. Otherwise, it's like changing course every two miles: you'll end up going around in circles and wasting your precious resources.
Reasons for flying the patent flag
Why proudly fly the patent flag? Here are some good reasons:
1. To scare away pirates: Banning counterfeiting is like having cannons on your ship. It deters copycats!
2. To ensure good loot: Preserving your return on investment is like ensuring that your treasure will not melt in the sun.
3. To strengthen your ship's hull: Strengthening your intangible assets is like armoring your boat. It becomes more resistant to attacks.
4. To form alliances: Structuring partnerships is like creating an invincible fleet with other ships.
5. To negotiate from a position of strength: Creating leverage is like having the biggest gun in a negotiation.
6. To protect yourself from cannonballs: Protecting yourself from attacks is like having a magic shield around your ship.
7. To impress the gallery: Creating an image of dynamism is like having the most beautiful flag fluttering in the wind.
When it's better to keep the treasure hidden
Sometimes it is better not to file a patent. For example:
- If your invention is as secret as the recipe for Coca-Cola, you'd better keep it in the safe.
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- If getting a patent costs more than the treasure itself, it might not be worth it.
In conclusion
Deeptech adventurers, industrial property is your best ally in your quest for fame and fortune. Use it wisely, and who knows, maybe you will become the next Christopher Columbus of technology!
So, are you ready to hoist the sails and set off to conquer the world of innovation?
ITW Kamyar Maserrat - Patent Attorney Expert in Deeptech
Are you an innovator in AI, quantum computing, or robotics? ??
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Don't miss our upcoming LIVE event on October 25th at 6 PM (Paris time)!
Join us for a fascinating discussion with Kamyar Maserrat , a leading patent lawyer at Foley & Lardner LLP . He is an expert in IP applied to deep technologies.
Kamyar will share invaluable insights on:
? Protecting your groundbreaking innovations
? Understanding the complexities of IP in AI, quantum, and robotics
? Building a robust IP strategy
This event is perfect for scientists, engineers, entrepreneurs, and investors looking to stay ahead in the fast-paced world of technology.
Register now and join us to ask your questions during the Live!
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Co-hosts:
Gerald helps early-stage health tech companies achieve rapid growth and global impact. Leveraging his deep industry experience and extensive network, he guides teams in areas like gene therapy, medical devices, and diagnostics to navigate complex regulatory landscapes and secure strategic partnerships.
Dr. Benjamin DELSOL (PhD, LL.M) , Quantum Physicist, European Patent Attorney, Expert Deep Tech Innovation / DELSOL
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