In his article, "The Key Three Questions Every Leader Should Answer to Protect Their Business," Shmuel Silverman addresses important questions that every business owner should consider to protect their intellectual property:
Do my patents protect me from the competition?
How can I use patents to truly protect my business?
Can I create a patent portfolio that effectively protects my business?
Silverman shares a blend of strategy, innovation, and just plain know-how regarding intellectual property.
Recently, Mark Brinkerhoff interviewed him about his views on Strategic Patent Development. In the video, he talks about the mindset and strategic planning that comes before you begin developing IP. First and foremost, IP is only a part of the bigger picture, the true value stems from identifying your competitive edge and strategically planning your IP portfolio around it. In most cases, protecting your business is not just your technology; it's broader. In some cases if you have IP in the way of your business, you may need to license or work around it. To license it, you will need to find the current owner and what their needs are and negotiate with them.
Shmuel Silverman is CEO and Founder at Multi-Innovation, a Silicon Valley firm that helps companies identify and create patent portfolios that protect their businesses. He is an inventor and patent strategist with over 165 patents and provisional publications, and he has years of experience in telecommunications, IoT, biotech, artificial intelligence, blockchain, nanotech and robotics.
