Unified Patents

An idea is an opportunity. However, someone can deprive you of this opportunity if your idea is not protected. We all know that a patent provides the required protection. However, it is important to have answers to some questions. Is the idea worthy? Is the idea new and unique enough to protect? Is it the right time to cash in on this opportunity?  A patent is a valuable tool in your arsenal that protects your idea. However, it is not guaranteed that a patent will unlock success for you. You need to invest a boatload of dollars in protecting your patent. Can the product make to the market? If it can’t then investing in a patent cannot be a smart business move. It is a well-known fact that only 3% of the patented products succeed in the market. Remaining 97% don’t even make to the market.  It does not mean that you should not file a patent for your idea, invention, method or product. However, it should not be the first step. The first step should be the evaluation of ...

Patent trolls are just as bad as everyone says they are. Patent trolls have become a big problem for many businesses. Patent trolls attack vulnerable businesses with a lawsuit claiming patent infringement. Since the patent trolls trend increasing rapidly, you need to protect your business. What is a patent troll? A company that obtains the right to one or more patents in order to profit by means of licensing or litigation, rather than by producing its own goods or services.  It is always a good idea to evaluate your options for dealing with patent trolls before you get a threatening letter notice from one of these controversial monsters. So, what should you do if you receive intimidating letters from patent trolls every day? Here are some tips for NPE patent litigation . Take it easy Did you receive an email from a patent troll claiming that you are using their patent and have to give them x amount of dollars as a license payment? If yes then it’s not wise to ge...