At GHB Intellect, we are dedicated to providing inventors, patent owners, and businesses with the expertise and support they need to successfully market and monetize their patents. With decades of experience in the intellectual property industry, we can help throughout the process. Our related services include financial valuation, portfolio mining, technical evaluation, prior art search, validity/invalidity analysis, infringement/non-infringement analysis, due diligence, and patent marketing.
When looking to monetize your patent, consider the following questions:
- Do you want to sell your patent or to develop a product based on your patent?
- Do you want to license your rights to your invention to another entity?
- How do you see the patent being used?
- Who may be interested in this patent?
- Why would another entity purchase or license your patent?
- Should your patent family be further developed to increase its value?
- Are there any potential infringers of the patent?
- Are there any encumbrances on the patent family?
Avoiding Fraudulent and Misleading Practices
On November 29, 1999, The American Inventors Protection Act (AIPA) was passed by Congress. We follow this standard and believe it to be an integral piece of evaluating who should be representing your patents. The AIPA seeks to protect inventors and integrity of the patent system from promotional firms who use fraudulent and misleading practices. So, the AIPA requires Invention Marketing Companies to provide the information below to all future clients before they sign any contracts. The information that they must disclose includes:
- Total number of inventions evaluated by the promoter in the past 5 years.
- The number of these inventions which received positive and negative evaluations.
- The number of customers who contracted with the promoter over the last 5 years.
- The total number of these customers who received a net financial profit as a direct result of the promotion services by the promoter.
- The total number of customers who have received license agreements for their inventions as a direct result of the promotion services by the promoter.
- The names and addresses of all previous invention promotion firms with which the invention promoter or its officers have been affiliated for the last 10 years.
Patent Monetization Support
If you are considering selling or licensing your IP assets, we will be there to walk you through the steps necessary to achieve a fair deal. At GHB Intellect, we do all the hard work when it comes to determining the right market to pursue and best approaches to finding potential license/sale opportunities. This includes helping to evaluate the portfolio, compare to the landscape of other patents in the industry, strategizing on a monetization approach, estimating market value of the portfolio, developing marketing materials, reaching out and promoting to potentially interested companies, and negotiating the best deal. A few of the services we provide are described below. For more information about these and other services we provide in support of patent monetization, we encourage you to visit here.
State-of-the-art patent and technology searches are essential when evaluating the value of a patent or portfolio. Patent searches help establish a comprehensive understanding of existing prior art in a particular area. This is helpful to determine competition, possible infringement concerns, the most effective markets, and potential areas of improvement. To be time- and cost-effective, a precise, detailed plan and a particular set of tools and techniques are required for such searches. For this reason, we have developed a unique process that guarantees the best results. In particular, we take advantage of our extensive expertise in various technological and scientific fields in performing our searches. The methodology requires a pair of experts working as a team, one expert in patent searching, and one in the subject matter. Moreover, we have devised a streamlined process by which the experts will go about producing and reviewing the search results without substantially increasing the cost. As such, we are able to achieve far greater reliability and consistency in our search results than using the traditional methods used by others.
Patent Portfolio Analysis
Often individuals or companies with extensive patent portfolios do not have a clear understanding of their assets. Therefore, a necessary step in discovering marketable assets is a professional, in-depth assessment of the portfolio. The general goal of evaluating a patent portfolio is to identify the most marketable assets. No matter the size of the portfolio, we have developed an efficient, cost-effective process that takes advantage of our team of hundreds of highly specialized subject-matter experts. Our productivity and reliability has proven to be best in class, making our services highly competitive both in cost and in effectiveness for patent monetization.
After the analysis of the portfolio, if a potential infringement is suspected, our highly trained team can assist in developing Evidence-of-Use or Indication-of-Use charts against target products or standards. Then, based on the business goals of the client, we can proceed towards providing ROI through our additional support services for licensing or sale.
At GHB Intellect, we take intellectual property valuation very seriously. No one is interested in wasting time and money on unmarketable patents. Therefore, we are always honest and upfront with our clients about the value of their patents. Our primary focus when estimating the value of a patent is to establish a defensible and fair value for the patent(s). Our valuation services have been derived through direct case experience working with a wide range of clients. Our patent valuation services include evaluating the patented technology, identifying markets and competitors, and assessing venture risks. We then advise each client on how to best leverage the value of their IP portfolios.
Request a Free Consultation with Our IP Management Team Today!
GHB Intellect is a full-service intellectual property consulting and engineering services firm. With a growing cadre of hundreds of industry-seasoned experts & professionals, as well as access to full suites of design and testing equipment, we specialize in high-tech, science, and innovation.