Remove design-patent-process-cost
article thumbnail

IP Strategy Series: Setting Up a Comprehensive IP Strategy – An Overview for Harnessing Existing IP

IP.com

In the modern business landscape, intellectual property (IP) is one of the most valuable assets a company can possess. IP encompasses a wide range of intangible assets, including inventions, trademarks, designs, and trade secrets. These can include: Patents: Protect new inventions or processes.

IP 52
article thumbnail

OpenAI's granted large language model (LLM) patents

The IPKat

OpenAI's approach to IP is often cited in the tech industry as an example of a radically new approach to IP. OpenAI has the reputation for protecting its innovations through the use of trade secrets as opposed to patents. This year, eleven OpenAI patents and patent applications have been published. Who are OpenAI?

Patent 124
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To File A US Design Patent Based On Foreign Priority

Patent Trademark Blog

What is the filing deadline for a US design patent based on a foreign priority application? When it comes to filing related patent applications across different countries, filing dates are critical. A US design patent application must be filed within six months of your foreign priority date.

article thumbnail

Safeguarding Intellectual Property; The REAL Role AI Will Play in the Future of Patent Protection

IP.com

Over the last 2 years AI has been a dominant subject of Intellectual Property, Patent, and Copyright media space, especially as resolutions to cases regarding critical copyright issues and AI inventorship abilities conclude and set new standards for how AI can be used. Patent litigation can be expensive, with the average cost estimated at $3.5

article thumbnail

Tokenization of IP assets

Olartemoure Blog

Tokenization refers to the process of creating digital tokens that represent ownership of an asset. In this paper, we will explore the concept of tokenization of intellectual property (IP) assets and the use of stable coins for IP owners. Investors can buy and sell the tokens, providing liquidity for the IP asset.

IP 104
article thumbnail

IP Strategy Series: How to Craft an IP Strategy Across Your Corporation

IP.com

Intellectual Property (IP) is a cornerstone of competitive advantage and a crucial element in the innovation-driven economy. A comprehensive IP strategy not only protects a company’s intangible assets but also drives business growth and market positioning. IP Documentation: Implement processes for documenting innovations.

IP 52
article thumbnail

How to Increase Utility Patent Chances of Success: Track One and PCT Strategies

Patent Trademark Blog

Is it possible to increase your utility patent chances of success? It is common knowledge that obtaining a US utility patent is a years-long process that can cost tens of thousands. I have discussed ways to speed up the patent process. Need to get a utility patent granted? Statistics can be tricky.