Nov. 16, 2023

Well-Designed Patent Portfolios Protect Your R&D Investment – Steve Sponseller

Well-Designed Patent Portfolios Protect Your R&D Investment – Steve Sponseller

Are you protecting your Research and Development investment of time, money, and effort?  That’s the topic of today’s episode. If you’re like many technology companies, your team creates valuable inventions that provide a competitive...

Are you protecting your Research and Development investment of time, money, and effort?  That’s the topic of today’s episode.

If you’re like many technology companies, your team creates valuable inventions that provide a competitive advantage, attract investors, and increase company valuation.

You can protect those R&D activities by building a patent portfolio that protects your critical inventions.

Patents protect the inventions produced by your R&D activities. A well-designed patent portfolio is a carefully chosen collection of patent assets that support your business goals and objectives.

Failing to protect your most valuable inventions with a patent portfolio means that your R&D team is working for your competitors. Without patent protection for your critical inventions, your competitors are free to use your inventions to compete against you without having to invest any time, money, or resources.

Don’t let this happen to your tech company.

Use this 3-Step Strategy to build or expand your valuable patent portfolio:

1. Identify all of your company’s inventions

2. Evaluate and prioritize your inventions using evaluation criteria related to company goals

3. Protect the most valuable inventions to continue strengthening your patent portfolio

“By carefully evaluating your inventions with respect to your company goals and objectives, you are designing a valuable patent portfolio that protects your critical assets.” – Steve Sponseller

Questions?

If you have any questions about designing a valuable patent portfolio, I would be happy to talk with you. 

Contact me via email:  Steve@SteveSponseller.com

Or schedule a complimentary call with me at:  https://calendly.com/steve-sponseller/20

Download my free white paper, InventLock™ Protection Guide for Tech Startups, at: https://stevesponseller.com/guide