Managing Intellectual Property in a Crisis (Part 3); JDSupra, April 8, 2020

Joseph Falcon, III, JDSupra; Managing Intellectual Property in a Crisis (Part 3)

"The most common danger of ignoring intellectual property is the loss of business opportunities, because the business owner was not attentive to whether those opportunities were worth pursuing. For example, an issued patent requires maintenance fees periodically through the life of the patent. Failure to pay a maintenance fee will cause the patent to expire. The business owner must make an informed decision as to whether or not maintaining that patent is in the business’ best interests. On the other hand, the unnecessary payment of a maintenance fee may result in a lost opportunity to invest those funds in new projects or patents. It is therefore critical to maintain a portfolio of patents which is driven by the business’ needs, strategy and long-term goals."

Managing Intellectual Property in a Crisis (Part 2); JDSupra, April 1, 2020

Joseph Falcon, III, JDSupra; Managing Intellectual Property in a Crisis (Part 2)


"(Note: This is the second of a three-part series stressing the importance of intellectual property protection in difficult economic times. You can read Part 1 here, and watch for Part 3 tomorrow.)

Maintaining intellectual property first requires identification of intellectual property your business already possesses. Intellectual property rights are classified into various categories, each protectable by different legal instruments such as patent, copyright, trademark and trade secret...

These items for patents, copyrights or trademarks are general, but each business likely will have specific questions on how they can apply to each business."

Managing Intellectual Property in a Crisis (Part 1); JDSupra, March 31, 2020

Joseph Falcon, III, JDSupra; Managing Intellectual Property in a Crisis (Part 1)

"Businesses are often not aware that they own intellectual property that generally provides the owner exclusionary rights, which are critical to any business that wants to commercialize their product or services in view of competition. Therefore, those companies that appropriately manage intellectual property rights create improved opportunities to protect and exploit these rights as assets, especially in an economic crisis or downturn. Developing and maintaining intellectual property, as a management strategy, has proven to be an effective tool for any company and having such a strategy may be essential for a business to gain and maintain a competitive advantage, especially in today’s economy."

How Do I Manage My Intellectual Property During the Coronavirus Pandemic?; Lexology, March 25, 2020

LegalVision - Linda Katnic, Lexology; How Do I Manage My Intellectual Property During the Coronavirus Pandemic?

"But what if your critical intellectual property (IP) deadlines arise during uncertain times? What options do you have if you miss a deadline due to circumstances related to COVID-19?

Extensions and exceptional circumstance

Thankfully, numerous Intellectual Property Offices have taken action to make sure that your intellectual property rights may remain safe in the event you cannot meet a deadline due to the COVID-19 outbreak...

Key Takeaways

Many Intellectual Property Offices have officially indicated that they will be empathetic when considering extension requests in the wake of Covid-19, while others have even suspended deadlines completely for the time-being. Check what extensions or changes of process are being offered in the jurisdictions relevant to your applications."

10 intellectual property tips for startup companies; Pittsburgh Business Times, April 30, 2018

John Thomas and Jeremy Harrison  – Vorys, Pittsburgh Business Times; 10 intellectual property tips for startup companies

"Obtaining and securing intellectual property (IP) rights is often not a high priority with startup companies. Rather, startups commonly focus most efforts on obtaining financing, building a brand, and effective marketing strategies. 

Securing company IP, however, such as patents, trade secrets, trademarks, and copyrights, is vital since doing so creates a legal barrier to competition. Company IP can be a revenue generator through strategic licensing or IP transfer, and is often crucial in valuation for venture funding purposes. 

The following are some tips and strategies for startups to manage company IP."