3 ms·
"having" a patent is different from "assigning" a patent. I haven't read through all of them but having your name on a patent is more a prestige thing and very
by mchannon 8y ago
"having" a patent is different from "assigning" a patent. I haven't read through all of them but having your name on a patent is more a prestige thing and very difficult to monetize. There are exceptions to this, however.
Whoever ends up liquidating Theranos will be in a position to make a call with licensing and enforcement, assuming, of course, they don't let the patents lapse (which is probably a shorter timeframe than a complicated bankruptcy will take).
Letting the patents lapse is a deliberate strategy sometimes (it's more a defensive rather than offensive approach, to block other actors from blocking you from your own technology).
- analog31 8y agoI'm not a patent lawyer, but I have several patents. From my standpoint, the prestige thing is of potential value because it means I'm capable of coming up with inventions that someone is willing to spend tens of $k's to patent. In other words, my idea put a smile on some manager's face. It's also an alternative to peer-reviewed journals for "publishing" your ideas.