The two most precious resources for any small-business owner are time and money. That’s why when the subject of intellectual property comes up, many owners run in the other direction. They see images of expensive lawyers and use that as an excuse to ignore the topic, reasoning that it is a problem for big companies to worry about.
The trouble is, with the rise of competition through the Internet and on the global market, understanding intellectual property is more critical than ever for small-business owners.
a.) Strategize on the development of either product patents or market defining technologies
b.) Flesh out the potential IP with timelines for completion of various patents
c.) Develop a claim tree analysis for the potential coverage of the patents
d.) Develop an analysis of the Markets defined by the technology proposed if any.
e.) Looking at the competitive landscape for the patents ( how do claims in the field of the patent mesh with the claims and approach that I may have selected for the client)
f.) Is the field crowded?; Does the statutorily selected class and the USPS classification define an appropriate approach to the develop of the patent, flesh out of the technology and final write-up of the claims.
g.) If many patents are contemplated, develop a checklist based on claims analysis, for most appropriate claims (i.e. patent) first.