So, you have a patent, or at least a patentable invention, or patents pending… Now what?
Bija Advisors have found that many of our clients haven’t adequately aligned their business strategy around their intellectual property strategy. Here’s how we can help:
- Define your goals: Do you plan to use the technology as a foundation to develop further inventions, to make products, to sell the invention outright, to find business partners? These goals may differ by product or category, and greatly affect how to invest your time and resources.
- Define your market: How is technology transferred in your market? Are copy-cats prevalent in your market? Some companies respond to patent licensing inquiries with lawsuits… other industries are building arsenals and looking for IP.
- Define your budget: Do you have enough money to prosecute your patent portfolio? It can cost a lot of money to protect your intellectual property globally. Bija can help you work with your patent attorney and balance your strategy with your budget.
Call us for a free phone consultation today.