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Ten Facts about Patents

Written by Mark Terry Patents grant you the right to exclude others from making, using, selling or importing a patented product or process. Without a patent, others can typically use your ideas and monetize them without any recourse. Patents can be used to protect many different things including products or innovative new ways of doing things, i.e., a process that offers a new solution to a complex problem. It is highly recommended that you enlist the services of a legal professional who will help you through the patent process. I, Mark Terry, am a patent lawyer located in Miami, Florida. In

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Patent Reform: Will It Protect Your Inventions?

Written by Mark Terry The Patent Transparency and Improvements Act (Bill, S. 1720), seeks to improve transparency and to remedy problems associated with patent trolls and others that file frivolous lawsuits using their patents. Trolls are turning out to be a formidable opponent to the patent reform process by engaging in some heavy lobbying. Trolls have cost companies billions of dollars due to weaknesses in the patent system. As a practicing patent attorney I walk a fine line between writing a claim that is so broad it is enforceable, and writing a claim that is so narrow, an  infringer can

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The Value of Patents in the World of IT

Written by: Mark Terry Alibaba Group Holding Ltd. is preparing its estimated $16 Billion IPO by fortressing itself with patents. Although Alibaba has more than 1,900 issued patents and pending applications in Asia, it has also been aggressively filing patent applications in the U.S. China’s largest e-commerce company has obtained 102 U.S. patents, including 20 purchased from IBM Corp. Alibaba has 300 pending patent applications for technologies like product recommendations, payment processing and picture searches. Why the patent buying spree? If you’re an innovator like IBM, you obtain patents to protect the hard work and millions of dollars that has

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SHOULD PATENTS BE TREATED AS JUST ANOTHER INVESTMENT VEHICLE?

Written by: Mark Terry In light of all of the news about patent reform legislation and the backlash against Non-Practicing Entities (NPE) [you know … patent trolls], did you know that large corporations like Microsoft, Sony, Apple, Intel, and Google invest or have invested in patent funds? Why do they do it? Has it helped fuel infringement lawsuits? We explore these issues here.   Intellectual Ventures (IV) has opened funds to investors since 2000 and is currently courting investors to invest in its planned $3 billion fund for investing in patents. Microsoft and Sony have subscribed, but Intel and Apple

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THE PLUS IP FIRM

We are board-certified intellectual property attorneys, inventors, and engineers that help small-size inventors, entrepreneurs, and businesses register and protect patents, copyrights, and trademarks so you can profit from them faster.

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