How to Manage Your International Intellectual Property Portfolio
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Hello I’m Tim Maier. I would like to speak to you for a minute today about how manage your international intellectual property portfolio.
So you’ve filed in the US and now also you’ve also filed all over the world and you’ve got your US patent application and all the foreign counter parts that correspond each application. We recommend finding a firm that haves good ties with high quality firms overseas. Typically, the larger firms overseas tend to be better. They charge at a higher rate but the quality is also better. You get very mixed quality in China for example, Korea, Japan and Europe as well. So it’s very important to hire a firm that has vetted their foreign associates. The second thing to consider is to help manage the scope of your claims and keep everything organized; we typically recommend clients to use their US case as baseline so that you can stretch all your foreign associates all over the world not to narrow any claims beyond those that are allowed in your US case. Hopefully, your US case gets allowed before your foreign counter parts. It’s not always the case, but in most instances it is. If you can use your broadest US claim as your baseline for obstructing foreign your associates they can pay huge dividence shouldn’t be able to license or sale a portfolio down the road.
Thank you for listening. I’m Tim Maier.
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