What Every Founder Must Know about Patents
Update: 2024-10-08
Description
For startups, even software startups, figuring out what is worth patenting is one of the most important moves a founder needs to make.
That’s where our guest today comes in. Jeff Schox, Founding Partner and Patent Attorney at Schox Patent Group, is a patent expert who’s helped hundreds of very successful startups navigate this rocky terrain.
Jeff joins us to give startup founders a basic primer on everything they need to know about patents – an often misunderstood and overlooked area. Right off the bat, Jeff dispels the three biggest myths about startup patents (1. Software isn't patentable / 2. If we can't enforce the patent, it doesn't have value / 3. The biggest costs of a patent portfolio are the legal fees). And he explains how startups can take a strategic approach to patent filing that safeguards future innovation and fuels future growth.
We also discuss:
- All the key components around patents a founder must know
- The value of filing a provisional patent, especially for startups
- Why determining the valuation of patents is so tricky
- How a good patent attorney’s key role is strategic partner
- The strict deadline after which you can never pursue a patent
This episode is truly a must-listen as it gives founders valuable knowledge on patents and patent strategies for ensuring long-term success.
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Stay connected with our host, Kate Adams, here on LinkedIn!
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