MIT Bootcamps: What is a Patent & When is it Worthwhile?

Patents can be an important part of your IP strategy if they are integrated with both your technology and your business plans.

What is a patent and what are its potential benefits? What are the potential negatives? What should you consider before spending time and money on a potential patent?

It is important to get a patent issued, but what should your strategy be while an application is still pending to make the issued patent worthwhile and justify its expense? If a patent won’t help you meet your business goals, why bother with it?

FAST FORWARD
Table of Contents

1. IP Strategy Reprise 1:10

2. What is a Patent? 6:41

3. Types of Patents 8:16

4. Design Patents 15:07

5. Patents & Your IP Strategy 19:24

6. Patent Trolls 24:33

7. Patent Costs 27:35

8. Trade Secrets, Copyrights vs Patents 28:58

9. What Makes a Particular Patent Worthwhile? 32:11

10. More Things to Consider Before Spending Money & Time on a Potentially Worthwhile Patent 50:18

11. Getting a Patent – Time line 57:06

SLIDES

SEND IN YOUR QUESTIONS!
If you would like to have your questions answered, please send in your questions with details at this link.

The LAST DAY to submit questions is Thursday, October 18, 2018.

MIT Bootcamps is an immersive, intensive, experiential MIT program for global innovators. At the Bootcamp you will learn entrepreneurial problem discovery and problem solving that MIT is known for. This toolkit will give you the power to seek real problems, develop superior solutions, and design ventures that are sustainable for your team, your customers, and the world.

You will also join a tight-knit, lifelong and growing community of over 1,000 innovators selected by MIT from over 100 countries.

MIT Bootcamps was founded at MIT in 2014 by Erdin Beshimov with a vision to bring MIT to entrepreneurs around the world.

ABOUT THE IP LAW DEEP DIVE
Deep Dives are a new e-learning series on domains of expertise. The first deep dive is a 7-part monthly series on What entrepreneurs need to know about Intellectual Property.

Lecturer: James Lampert, retired partner, Wilmer Hale LLP
Producer & Program Manager: Andrew Ngui, MIT Bootcamps

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Thank You so much for Your Youtube Video Course on Patents! It will help many to see more clearly what this subject is about. Emmanuel from France (Cerficated via EdX.org from the MIT and HBS).