Tag Archives: Cost-Effective IP Management Processes

What to Do When a Patent Is a Couch Potato

I’m back, with another post about the AUTM® Eastern Region Meeting, which I first blogged about last week. Today’s topic: The workshop session “Strategies to Offload Patents that Are Doing Nothing for Too Long.” This session, which I came to think of as the “couch-potato patent session,” was moderated by… Continue reading

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Focus on Market Potential to Prioritize Active Projects: Stories from the Field

Stories From The FieldWe’ve blogged often about how planning for technology marketing helps TTOs be more proactive and efficient in selecting innovations to market. If your TTO is like most, you have more active marketing projects than you have the resources to handle. Therefore, prioritizing (and reprioritizing) your projects is the key to developing a strategic and agile marketing process that will provide long-term value. In today’s Stories from the Field post, I share details of how to apply what we’ve learned through years of identifying high-priority projects. Continue reading

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Reaping Long-Term Rewards from Strategic IP Portfolio Optimization: Stories from the Field

Buckyball Molecular ModelPrioritizing an intellectual property (IP) portfolio is an important, and often huge, task for tech transfer offices (TTOs). In today’s Stories from the Field post, I share details of how an effective IP Portfolio Optimization helped a university do more than just prioritize its IP for future technology transfer and marketing efforts. A major research university approached Fuentek about screening a group of 30 technologies in the nanotechnology sector… Continue reading

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Screening Techs Before Patenting Pays Off: Running the Numbers

Patent Applications Filed vs. Patents IssuedI was chatting with a Fuentek colleague last week who had recently run some numbers related to the technology screening work we have been doing for a client. Two facts came up that I wanted to share. The first related to saved patenting costs. We have screened lots of invention disclosures for this client, and over time we’ve rated a total of 134 techs as having low or medium-low commercial potential, recommending that the client not patent them. Cost savings: $3.355 million (assuming $25K/patent). Great news, though not surprising when you do the math on the value of technology screenings. My colleague also showed me the graph below, which charts… Continue reading

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Why Do Screenings—Webcast Now Available

If your technology transfer office (TTO) has a large tech portfolio, you certainly don’t have time to actively market every innovation. Even if your portfolio is on the smaller side, doing so is probably not the most efficient use of your time and resources. Let’s face it, some technologies have greater market potential than others. That’s why Fuentek finds our technology screening process to be critical to efficiently weeding out technologies that are not ready for licensing, helping you get to the best—fast. Continue reading

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The Value of Technology Screenings: Let’s Do the Math

Editor’s note: For more on this topic, see the blog post “Screening Techs Before Patenting Pays Off: Running the Numbers“ Several recent posts on the Fuentek blog have talked about having interns perform technology screenings. You probably also noticed that … Continue reading

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Consider the Long-Term Impact of Cost-Cutting Solutions

In the past year or so, many universities have slowed down or even stopped their patenting and marketing activities because of budget constraints. Though I understand the realities of disappearing endowments and tight state budgets, I believe TTOs have cost … Continue reading

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Online Tools Save Time and Money and Enhance Your Technology Commercialization Marketing

Leveraging online tools such as Web sites, blogs, Web conferences, video demonstrations, podcasts, etc. can save you time and money and greatly enhance your technology commercialization efforts. These online tools allow you to effectively reach a large number of prospects … Continue reading

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