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A competent broker should be able to explain to the inventor or patent owner the spectrum of values that may be assessed to a patent depending on the situation or motivation of the buyer in the market. In addition, in bringing buyers and sellers together, an intellectual property broker may provide any or all of the following services: [1]
NTP, Inc. is a Virginia-based patent holding company founded in 1992 by the late inventor Thomas J. Campana Jr. and Donald E. Stout. The company's primary asset is a portfolio of 50 US patents [1] and additional pending US and international patent applications.
A contingent contract is an agreement that states which actions under certain conditions will result in specific outcomes. [1] Contingent contracts usually occur when negotiating parties fail to reach an agreement. The contract is characterized as "contingent" because the terms are not final and are based on certain events or conditions ...
First United States patent The National Inventors Hall of Fame is housed in the Madison Building of the USPTO. On July 31, 1790, the first U.S. patent was issued to Samuel Hopkins for an improvement "in the making of Pot ash and Pearl ash by a new Apparatus and Process". This patent was signed by then-President George Washington.
In patent law, a patent pool is a consortium of two or more companies agreeing to cross-license patents relating to a particular technology. The creation of a patent pool can save patentees and licensees time and money, and, in case of blocking patents, it may also be the only reasonable method for making the invention available to the public ...
This is a list of notable patent law cases in the United States in chronological order. The cases have been decided notably by the United States Supreme Court , the United States Court of Appeals for the Federal Circuit (CAFC) or the Board of Patent Appeals and Interferences (BPAI).
Reasonable and non-discriminatory (RAND) terms, also known as fair, reasonable, and non-discriminatory (FRAND) terms, denote a voluntary licensing commitment that standards organizations often request from the owner of an intellectual property right (usually a patent) that is, or may become, essential to practice a technical standard. [1]
Wiley opened its doors with 39 attorneys in 1983 as Wiley, Johnson & Rein. [3] [4] In 1986, the firm, then known as Wiley & Rein, became Wiley Rein & Fielding as Richard E. Wiley, former Chairman of the Federal Communications Commission, and Bert W. Rein, former Deputy Assistant Secretary of State for Economic and Business Affairs, were joined on the masthead by Fred F. Fielding, former ...