Showing posts with label Patent Monetization. Show all posts
Showing posts with label Patent Monetization. Show all posts

Wednesday, December 16, 2015

Internet of Things (IoT) Strategic Patent Monetization 4Q 2015

Contents:

1. Monetization Exploiting Strategically Packaged Patent Portfolio
2. Development of Strategically Packaged Patent Portfolio Best Practice
3. Methodology for Developing Strategically Packaged Patent Portfolio


Sunday, August 30, 2015

IoT (Internet of Things) Intellectual Property (Patent) Strategy Consulting Services



TechIPm has developed an insightful new patent development and monetization methodology for the emerging IoT market.

Goldman Sachs defines the IoT as the third wave of internet revolution: By connecting billions of devices to the internet, the IoT can open up a host of new business opportunities and challenges. Even though the IoT is getting a huge attention recently the concept of interconnected billions of devices is not new and has been under development for over 10 years. Thus, there are a large number of related patented technologies that can be exploited for developing new products/services, and thus, new business for the emerging IoT market.

Many patent applications and newly issued patents can be further developed for creating new values by amending and creating claims and generating follow-on patents to encompass emerging technology and products/services trends, market demands, and strategic exploitation goals. TechIPm provides consulting for improving existing patents to obtain maximum ROI. TechIPm also provides consulting on developing new patents that can lead to new IoT product/service development exploiting the strategic patent preparation & prosecution, white space analysis, and scenario analysis.

A strategically packaged patent portfolio is the collection of patents that the integrated value propositions of each patent of the portfolio target specific value propositions that are provided by emerging new products/services. Techipm develops the strategically packaged patent portfolio in alignment with a client’s specific IoT business interests (e.g., smart home automation). TechIPm’s methodology for developing the strategically packaged patent portfolio is based on a deep understating of the IoT technologies, extensive experiences in patent analysis and development, and insights into the emerging IoT market. The strategically packaged patent portfolio can be used for monetization through patent sale, patent licensing, commercialization, spin-off, patent banking, and patent-backed financing. TechIPm also can provide consulting on developing monetization program for exploiting the IoT strategically packaged patent portfolio.

For detailed information, please visit

TechIPm, LLC is a research and consulting company specializing in emerging technology strategic patent R&D and monetization. TechIPm, LLC consulted diverse industry players in the field of electronics, IT, telecommunications, and computer.

For more information, please contact
Alex G. Lee, PhD, JD, CLP
Principal IP Strategist
TechIPm, LLC





Tuesday, May 19, 2015

Strategic Patent Management & Monetization 1Q 2015

Contents:

1. Integrated Strategic Patent Management
2. Nest Labs’ Integrated Strategic Patent Management 
3. Patent Citations as an Indicator of M&A Feasibility
4. Apple’s Strategic Alignment in Patent and M&A
5. Alcatel-Lucent acquisition by Nokia would provide leadership in Mobile based IoT innovation
6. Key wireless charging patents behind Samsung Galaxy S6: Open Innovation
7. Internet of Things (IoT) Intellectual Property (Patent) Information as of 1Q 2015 
8. Convida Wireless: Best Practice of Strategic Alliances between NPE and PE for IoT Innovation
9. Investment for Patent Monetization
10. Reinventing of Patent Monetization Model
11. The Monetizing Patent’s DNA: How to identify and develop the monetizing patents
12. Increasing Monetization Activities Exploiting LTE Patents
13. How much will Apple need to pay to Ericsson for a reasonable licensing royalty of 4G LTE patents?
14. Increasing IP Financing Activities Exploiting Wireless Patents
15. Current Status of Patent Rights: U.S. v. Other Countries
16. Smartphone Patent Wars: Legal & Policy Issues of Standard Essential Patents in the ICT Industry
17. Wireless Patents under the PTAB’s IPR & CBM Scrutiny
18. The U.S. Holds IPR Leadership in Patents for Wireless Standards
19. Wireless Patents for Standards & Applications Database 
20. IoT (Internet of Things) Intellectual Property (Patent) Strategy Consulting Services
21. Developing New Commercialization Opportunities for Existing Patents Exploiting Emerging IoT Platforms


Link: http://www.slideshare.net/alexglee/strategic-patent-management-monetization-1q-2015



Saturday, April 11, 2015

The Monetizing Patent’s DNA: How to identify and develop the monetizing patents

On April 7, 2015, the USPTO issued U.S. Patent No. 9,000,000. Even if there were so many patents that were issued up to now, however, the number of patents that were commercially exploited and monetized successfully was very small. This is similar to the situation that, even if there were so many innovators and entrepreneurs, only small numbers achieved commercial success from their ideas.

In “The Innovator's DNA”, the authors identified the code of successful innovators that distinguishes them from others based on the case study of well known successful innovators such as Steve Jobses and Jeff Bezoses. The key lesson from the research of the innovator’s DNA was that the successful innovators’ DNA is not simply genetic traits endowed, but that they can be developed. Then, by the analogy, one can ask similar questions for patent: What make the monetizing patents different?; Can we find the code of the monetizing patents?; Can we identify and develop the monetizing patents?

Monetizing patents protect the market for commercially successful products/services from competitors. Monetizing patents can be exploited as financial/investment assets or through licensing to other parties for additional cash flow. Followings are the monetizing patent’s DNA uncovered from the case study of carefully selected monetizing patents through the integrated technology, legal and business analysis.

·         Monetizing patents solve the right technological problem: the right technological problem is a problem in great needs of improved/innovative solution;  the right technological problem is recognized well in an industry; the right technological problem leads to a solution that has great business impacts; the solution of the right technological problem follows the correct evolutionally pass for emerging technology.

·         Monetizing patents practice value innovation: monetizing patents provide unique value proposition with maximum market protection; monetizing patents provide values to customers without additional cost/pain or infrastructure/process change requirements.

·         Monetizing patents actively participate in the business ecosystem: monetizing patents can be a platform or integrated into a platform; monetizing patents form a dominant design or industry standard; monetizing patents form diverse value chains; monetizing patents derive the value for M&A.

·         Monetizing patents are legal savvy: monetizing patents are created following the case laws and statutes to obtain maximum legal rights; monetizing patents are the litigation-proof patents; monetizing patents adapt to dynamic changes of legal environment.

For more information regarding the methodology for identifying and developing monetizing patents, please contact Alex Lee at alexglee@techipm.com .


©2015 TechIPm, LLC All Rights Reserved

http://www.techipm.com/

Friday, April 3, 2015

Increasing Monetization Activities Exploiting LTE Patents

Recent TechIPm’s research for patents relate to 4G LTE standard found increasing monetization activities exploiting LTE standard related patents.  LTE patents analysis for the market leaders among LTE UE (cellular phones, smart phones, PDAs, mobile PCs, etc.) and base station (eNB) product manufactures and innovators identified more than 1600 issued patents hold by 42 entities in the US as of March 31, 2015 (ref. http://www.techipm.com/alexdb/4G%20LTE%20Patents%20for%20Standards%20Data%201Q%202015_Intro.pdf  ).

Among 42 LTE patents holders, NPE accounts for 11% IPR share of LTE standard related patents. Identified NPE IPR shareholders are Adaptix, ETRI, InterDigital, Innovative Sonic, Inventergy, IPR Licensing, ITRI, Optis Wireless Technology, Seoul National University, Thomson Licensing and UPIP. Recent monetization activities exploiting LTE patents among NPE shareholders are as follows.

Adaptix, a subsidiary of Acacia Research, sued several telecom operators including AT&T and smartphone manufactures including HTC for infringement of its 4G LTE patents (ref. http://www.law360.com/articles/616031/adaptix-ramps-up-at-t-htc-patent-feud-despite-setback ). Adaptix entered into patent license agreements with several entities including NEC as settlements for patent dispute (ref. http://finance.yahoo.com/news/acacia-subsidiary-resolves-action-nec-105900394.html ).

InterDigital sued several smartphone manufactures including Nokia for infringement of its 4G LTE patents and entered into patent license agreement with Samsung as a settlement for patent dispute (ref. http://www.pcworld.com/article/2359140/samsung-signs-cellular-patent-deal-with-interdigital-ending-all-litigation.html ).

UPIP sued several smartphone manufactures including Huawei for infringement of its 4G LTE patents in Germany and the UK (Ref. http://www.businesswire.com/news/home/20140310005655/en/Unwired-Planet-Announces-Enforcement-Action-Germany-United#.VR6pAfnF-HA ).

Recently, Optis Wireless Technology sued ZTE for infringement of its 4G LTE patents acquired from Panasonic (Ref. http://www.rfcexpress.com/lawsuits/patent-lawsuits/texas-eastern-district-court/949460/optis-wireless-technology-llc-et-al-v-zte-corporation-et-al/summary/ ).

Inventergy is actively operating its licensing program exploiting its 4G LTE patents acquired from Panasonic (Ref. http://www.marketwatch.com/story/inventergy-launches-standardized-licensing-initiative-for-mobile-device-manufacturers-2015-03-09 ).

In addition to NPE IPR holders, Ericsson and Nokia (both entities are accounts for 13% IPR share of LTE standard related patents) are actively involved in monetization exploiting LTE patents:

Ericsson sued Samsung for infringement of its 4G LTE patents and entered into patent license agreements with Samsung as a settlement for patent dispute (Ref. http://www.reuters.com/article/2014/01/27/us-ericsson-samsung-patents-idUSBREA0Q0A120140127 ). Ericsson also sued Apple for infringement of its 4G LTE patents (Ref. http://www.cellular-news.com/story/Legal/67300.php ). Licensing royalty of Ericsson that can have from Apple is expected to be around $200 M per year (Ref. http://techipm-innovationfrontline.blogspot.com/2015/03/how-much-will-apple-need-to-pay-to.html ).

Nokia sued HTC for infringement of its 4G LTE patents and entered into patent license agreements with HTC as a settlement for patent dispute (Ref. http://www.theinquirer.net/inquirer/news/2327794/htc-and-nokia-end-legal-spat-with-patents-agreement ).

For more information, please contact Alex Lee at alexglee@techipm.com .

©2015 TechIPm, LLC All Rights Reserved

http://www.techipm.com/

Thursday, December 4, 2014

The first Korean patent monetization entity will be formed in 2015


According to the financial news (http://www.fnnews.com/news/201412031712515895), Financial Services Commission of S, Korea will establish a fund to form the first Korean patent monetization entity in early next year.  Five other Korean government agencies including KIPO will collaborate to set up the patent monetization entity.

The first Korean patent monetization entity will acquire patents relating to major industry in S, Korea.  The acquired patents will be exploited for patent monetization. The new firm's monetization model will include patent assertion through litigation. The amount of initial fund is known to be around $300 - $400 M, and the fund will be invested mainly by Korea Development Bank and Korea Industry Bank.

©2014 TechIPm, LLC All Rights Reserved

Wednesday, October 22, 2014

Patent Monetization New Business Model Case Study (5): IP-Backed Insurance & Lending

This patent monetization model utilizes an insurance policy on the value of IP (e.g. http://www.patentinsurance.com/). Then, the insurance policy becomes collateral for a bank loan for any amount of money up to the insured value. One example is the lending by a university's endowment/pension fund to a team with some good new technology and patents that obtained such a patent backed insurance policy. If the team succeeds, the university's fund gets it loan monies paid back, plus some equity gains.  If the team fails, the university's fund just gets it loan monies back from the insurance policy.

Thanks to Greg Aharonian (Internet Patent News Service) for this information.


©2014 TechIPm, LLC All Rights Reserved

Tuesday, October 21, 2014

Reinventing Patent Monetization Business Model

Patent Reuse Bank
This patent monetization model utilizes the existing patents that are developed by the government funded research institutions and are under-exploited for commercial purposes. The patent reuse bank categorizes the patents by specific industry, market, technology and pools them into a web platform. Usually, high tech SMEs in needs of specific patent portfolios license them for their commercial uses.

Patent Cloud Platform
This patent monetization model utilizes the cloud platform to link inventors, patent users, and investors. A patent development project (patenting on demand) can be initiated by inventors, patent users, or investors. For example, a patent user requests patent development for a specific commercial use, and an investor or cloud funding investors can fund the project. A specific monetization ideal also can be obtained from the cloud sourcing.

Patent Factory
This patent monetization model exploits the existing high tech SMEs that are usually in IT and telecommunications and in financial difficulties in their main business. The patent factories develop specifically targeted patent portfolios and strategically package the patents for sale. Usually, private equities fund the patent factories for a rather quick return (around two years).

IP-Backed Spin-Off
This patent monetization model utilizes existing R&D team members and patents. One example is the Newracom, Inc., which is a a start-up formed by WiFi research team members from ETRI in S. Korea supported by more than 100 patents and funded $15M from a venture capital. Another example is CF Global, which is the first spin-off from Intellectual Venture’s Invention Development Fund. 

IP-Backed Insurance & Lending
This patent monetization model utilizes an insurance policy on the value of IP (e.g. http://www.patentinsurance.com/). Then, the insurance policy becomes collateral for a bank loan for any amount of money up to the insured value. One example is the lending by a university's endowment/pension fund to a team with some good new technology and patents that obtained such a patent backed insurance policy. If the team succeeds, the university's fund gets it loan monies paid back, plus some equity gains.  If the team fails, the university's fund just gets it loan monies back from the insurance policy.



Any other models?

Alex G. Lee Ph.D, J.D
Princiapl IP Strategist
TechIPm, LLC


©2014 TechIPm, LLC All Rights Reserved

Thursday, October 9, 2014

Patent Monetization New Business Model Case Study (2): Patent Factory

This patent monetization model exploits the existing high tech SMEs that are usually in telecommunications and in financial difficulties in their main business. The patent factories develop specifically targeted patent portfolios and strategically package the patents for sale.  Usually, private equities fund the patent factories for a rather quick return (around two years).

Patent Factory Best Practice: please contact Alex Lee (alexglee@techipm.com) for details.

…To be added more cases


©2014 TechIPm, LLC All Rights Reserved

Wednesday, October 8, 2014

Patent Monetization New Business Model Case Study (1): IP-Backed Spin-Off

Company name: Newracom, Inc.
Location: Irvine, California
Background: WiFi research team members from ETRI in S. Korea formed a start-up supported by more than 100 patents and funded $15M from a venture capital.
Business model: IP protected WiFi connectivity SW & chipset solutions (IEEE 802.11ah based WiFi sensors for the smart grid/IoT/M2M applications)
Patent monetization: Licensing royalty of ETRI’s patents from Newracom; profit from customized IP solutions

Company name: CF Global
Location: Bellevue, Washington
Background: The first spin-off from Intellectual Venture’s Invention Development Fund, which works with the inventor of Coffee Flour, Dan Belliveau, who is a founder and CEO of CF Global.
Patent monetization: Profit from the equity of CF Global business

...... To be added more cases

©2014 TechIPm, LLC All Rights Reserved


Tuesday, August 26, 2014

Patent Monetization & Management Services & Products of TechIPm LLC

Services

Strategic Patent Value Creation & Portfolio Development
Investment in early stage patent combined with well tailored value creation methodology can develop a new patent for monetization. Many patent applications can be further developed for creating new economic values by amending claims to encompass market demand. By auditing clients’ current patent portfolios, TechIPm can find a good candidate for value creation. By consulting detail descriptions in conjunction with market demand, TechIPm can develop new claims covering new economic value creating business models. TechIPm also can provide an expert advice for the development of patent portfolios through a careful analysis of the emerging technology trends and the IP landscape. TechIPm's patent portfolio consulting service delivers an analysis for the current patent portfolio status and future directions in alignment with client's monetization program development. TechIPm also provide patent prosecution services for international IP portfolios, especially for IPR in US, S. Korea, Japan, China, and India.

Standard Essential Patents Evaluation & Development
TechIPm's standard essential patent consulting service delivers the analysis for the evaluation of potential standard essential patent (SEP) candidates and future IPR directions in alignment with the standardization process. TechIPm can also develop a SEP with participating in the standardization activities. Sometimes, developing SEPs without participating in the standardization activities is possible because some of key aspects of the technologies adopted during the standardization process can already be developed by a third party who is not the participating member of the standardization activities. Thus, if the third party filed a patent covering the technologies adopted as the standard, he or she can further develop it though claim development and patent prosecution process to be a SEP.

Strategic Patent Acquisition
TechIPm provides an expert advice for strategic patent acquisition for diverse clients including business corporations, research institutes, investment organizations, and patent management firms. TechIPm can align diverse clients’ business purpose (e.g. competitive intelligence, offensive, defensive, and monetization) with strategic patent acquisition process. With the specific business goal in mind, TechIPm can classify the field of acquisition target by market/product/service/technology. TechIPm also can evaluate the value of acquisition target. TechIPm can decide the best sourcing method among potential options: patent search and mining, close/open patent market place, internal auditing and patent development process. TechIPm also can coordinate the deal/transaction process collaborating with brokers.

Strategic Patent Licensing Program Development
Techipm provides consulting service for developing profitable patent licensing program. Techipm closely work with client for developing patent licensing program until the closing of the licensing agreement. Techipm provides strategic planning in alignment with client's business goal, due diligence for licensable patent portfolios, strategic patent prosecution for monetization value creation, analysis for target market, potential licensees and revenue generating potential, and licensing enforcement (including litigation) strategy.

IP based Commercialization as Dominant Design
Dominant Design is the key technological product/service designs that become a standard in the market place. IP based Commercialization as Dominant Design is a strategic methodology to exploit your IP for innovative technology to create dominant design by developing a new business model and forming a business ecosystem.

S. Korea is the best place for testing commercial potentials of newly developed innovative technologies in IT and Telecom. Once a new technology is successful in S. Korea's testing market, it could become a global dominant design such as in the case of Qualcomm's CDMA technology. TechIPm provides the strategy and business development consulting services by launching your IP based Dominant Design prototype in S. Korea's testing market based on more than 10 years business experiences in S. Korea.


Products

Wireless Technology Standard Essential Patents Candidates Data
A standard essential patent (SEP) is a key intellectual property rights (IPRs) for the implementation of the standardized technology specifications. SEPs encompass IPRs for the essential aspect of standardized technologies. Usually, all the essential aspects of standardized technologies are specified in standard technology specifications. Thus, SEPs can be defined as patents that include one or more claims that are infringed by the implementation of certain standard specifications. To facilitate interoperability among the industry players, participants in the development of standards establish specifications for the essential components of the standardized technology. Consequently, all the standard-compliant products that implement the standardized technologies specified in the standard technology will infringe SEPs. The main advantage of SEPs is their easy-of-proof of patent infringement characteristic. Therefore SEPs are the most important monetization assets for extracting maximum ROI from operating profitable licensing program in wireless technology industry.

The standard setting organizations (SSOs) require that the members participating in the standardization process to agree ex ante to license their SEPs under fair, reasonable, and nondiscriminatory (FRAND) terms ex post to any implementers of the standard. The members’ agreements to license their SEPs under FRAND terms are usually called FRAND commitments. Recently, the U.S. courts provided basic guidelines for assessing FRAND royalty for SEPs to comply with FRAND commitments. One of the key factures in evaluating FRAND royalty according to the courts guidelines is the number of licensor’s SEPs compare to the total number of SEPs in a specific standard. Thus, it is very important to know the total number of SEPs in a specific standard and individual licensor's SEP share in number to operate successful licensing program. Wireless Technology Standard Essential Patents Candidates Data is a product of TechIPm, based on specific standard related patents research for US market leader. Wireless Technology Standard Essential Patents Candidates Data provides the potential SEP candidates information selected through essentiality evaluation process.

For more information, please contact Dr. Alex G. Lee at alexglee@techipm.com



Monday, March 10, 2014

InterDigital’s patent licensing revenues reached $264.2 million in 2013

InterDigital held over 20,500 patents and patent applications related to the wireless communications including 2G, 3G, 4G and the IEEE 802 wireless technologies as of December 31, 2013. InterDigital formed the Signal Trust for Wireless Innovation to boost its patent monetization exploiting more than 500 patents and patent applications primarily on 3G and LTE mobile technologies on October 17, 2013.

According to InterDigital’s 2013 10K report to SEC, InterDigital’s patent licensing revenues were $264.2 million, a decrease of $12.4 million compared to 2012. Among $264.2 million patent licensing revenues, revenues from Taiwanese companies account for $128.6 million (49 % of the total), a dramatic increase of $88.2 million compared to 2012. One the other hand, revenues from Korean companies account for $27.5 million (10 % of the total), a dramatic decrease of $102.7 million compared to 2012 (Korean companies account for 43 % of the total revenues in 2012). The Taiwanese licensees include HTC, Acer, Wistron, and Quanta Computers.

©2014 TechIPm, LLC All Rights Reserved

http://www.techipm.com

Friday, July 5, 2013

A New Patent Acquisition Fund in Japan

According to Nikkei News in Japan, the Innovation Network Corporation of Japan (INCJ) announced that it will newly form a patent acquisition fund. INCJ is a public-private partnership established in July 2009 for promoting innovation in Japan. The initial fund level is known to be about $0.3 billion for acquiring unused patents form Japanese companies for resale to other countries. According to Japan Patent Office (JPO), around 47% of 1.35 million patents owned by Japanese companies were not exploited economically in 2012. The patents will cover mainly technologies related to mobile devices, LCD display devices, and optical devices. The patent acquisition fund benchmarked the government backed patent fund models in S. Korea (Intellectual Discovery) and France (France Brevets).


©2013 TechIPm, LLC All Rights Reserved

http://www.techipm.com/

Saturday, March 3, 2012

Mobile Patent Acquisition Investment: Monetization Strategy

Recent development of new business models and marketplaces in patent monetization (online patent marketplace, patent auction, patent pool, patent aggregation etc.) brought a boom in investment for mobile patent acquisition. Investment for mobile patent acquisition requires a careful consideration of several strategic measures. A few examples for the strategic measures are monetization liquidity, ROI, and risks.

Several characteristics of mobile patent, however, lead to a unique evaluation methodology for the strategic measures:

1. Evaluation of market demand and dynamics.

Whether the patent is related to
consumer products:semiconductor chips/modules, devices (dongle, modem), handheld devices (cell phone, smartphone, PDA), computing devices (PDA, netbook, laptop, desktop); or
infrastructure products:Mobile base station including relay/femtocell, core networks; or
application products.

2. Evaluation of patent portfolio.

Whether the patent portfolio is/has
essential patent; orwidely accepted as an essential for product implementation; or
new market generation potential.

3. Evaluation of risks.

Whether it is
stable against invalidity claims; or
easily avoidable from infringement.


For more information about evaluation service, please contact Alex Lee at alexglee@techipm.com .


©2012 TechIPm, LLC All Rights Reserved
www.techipm.com

Sunday, February 26, 2012

Wireless Patent Monetization New Business Model

Investment in early stage patent combined with well tailored value creation methodology can develop a new business model for patent monetization.

Methodology

1. Candidate Selection.

a. For non-IPR holders:

Review the current market demand (including patent lawsuits) and standardization status for selecting acquisition subject matter.

*Possible subject matter could be selected from LTE (including LTE-Advanced), WiFi (IEEE 802.11a/b/g/n/ac/ad/af), WRAN (IEEE 802.22), Zigbee (IEEE 802.15), and NFC/RFID.
Review and select the current published applications pending in USPTO.

Acquire the candidate.

b. For IPR holders:

Audit the current IPR holder’s patent portfolios.

Categorize the identified patents through the evaluation process by technology and standards.

Review the current published applications pending in USPTO.

Select the candidate.


2. Development

Investigate embodiments that can support the rewriting of existing claim.

Construct the new claims considering the prosecution history.

Analyze for invalidity and design around.

Prosecute for patent granting with new claims.


3. Monetization.


For more information, please contact Alex Lee at alexglee@techipm.com .


©2012 TechIPm, LLC All Rights Reserved
www.techipm.com