Posts by Thom Kobayashi
This is my third in a series of 3 blogs.
Categories: intellectual property management, licensing strategy, patent analysis, patent licensing, patent portfolio analysis, patent strategy
In my last blog post, I talked about my seven criteria for valuating a patent. Some of you might be thinking, “If there are only seven things to consider, why is it so hard to get a concrete estimate on a patent’s worth?” The reason it’s not that simple is that there’s a lot that has to go into those answers, and depending on whom you ask, you may get really different answers. It’s actually a lot like buying stocks. Is the person you’re seeking advice from a short-term investor? Or are they a “buy and hold” guy? To whom, how, and when you ask the question can all affect the answer.
Categories: intellectual property management, ip strategies, licensing strategy, patent analysis, patent portfolio analysis, patents
I thought I’d take a break from the technology view of the world and pivot to the business side of things. One of the most frequently asked questions is, “What’s the value of this patent?” This is a very hard question to answer on a number of levels, but mainly because a patent’s value isn’t just based on what it covers technically, but commercially as well. Without both points of view, the valuation is incomplete. And of course, commercial context is not covered in a patent document.
Categories: intellectual property management, ip strategies, licensing strategy, patent analysis, patent portfolio analysis
Most portfolio managers get a list of patents with fees due that quarter. Their job is to look at the business, see which ones they’re using, and pay the fees. They’ll likely let the rest lapse in order to “save” cost on assets not currently supporting the business. But what these managers aren’t considering can be best described by the old saying, “One person’s trash is another person’s treasure.” Put more directly, you can create easy income for your organization simply by selling unused assets, rather than just allowing them to expire.
Categories: intellectual property management, ip strategies, licensing strategy, patent analysis, patent portfolio analysis, patent strategy
One of my buddies used to say “America was built by salesmen and engineers.” I think there’s a good argument for that. Edison and the light bulb, Bell and the telephone, Ford and mass production, the Wright brothers and flight, just to name a few. You can find books written on these endeavors. But there are many patents that exist that are not known or studied, but that have commercial impact. Finding stories about those is a little tougher. As an Engineer, I took part in creating several of those commercially successful patents. Here’s one of them, where my team worked a persistent problem that no one else had cracked.
Categories: intellectual property management, ip strategies
Problem solving happens every day. When it’s your job to be a problem solver, the questions can be really challenging and you may have to figure out a lot of stuff. It can take weeks, sometimes years, to get your answer. Other times the answer presents itself, often as a result of prior experience. In these cases, you often look really smart, when really you’re standing on the shoulders of those that came before you. My experience is that many “high tech” problems are really just old problems in a new setting.
Categories: patent strategy, r&d strategies
I don't really think of myself as an Inventor, even though I have more than 20 years in R&D and my name on over 40 patents issued in various jurisdictions around the world. To me, those patents are the culmination of a lot of people’s work. It happened to be my job to put the pieces together into some kind of solution, so I got the patent. One way or another, a central pillar of my career has been the development of innovation, either someone else’s or my own. First as a process engineer, then in a patent law firm drafting other people’s solutions, and next as a portfolio manager, finding and bundling other people’s solutions to solve still other people’s problems. Even in the course of my Masters Degree in Technology Commercialization, I studied an idea, turned it into a good or service, wrapped a venture around it, to ultimately pitched it to venture. In other words, ask for somebody else’s money to develop a third person’s ideas, in order to solve a generic fourth person’s problem. I’ve referred to it as “puzzle mentality”, where I like to think about the world through the lens of problems and problem solving.
Categories: application trends, intellectual property management, patent analysis, patent search, patent semantics, patent strategy, patents, r&d strategies
Years ago, when I was back on the engineering side making chips in a factory, we used spreadsheets for recording and processing data. Spreadsheets were great. They let us collect a static set of data, filter that data, perform some simple calculations and finally, present the data with a simple visual, like a bar or pie chart so my boss could understand the output the same way I did. I could share a view of the data that was interesting in some important way so we could start to drive improvement. I would send these sheets around so that I could share my data with my peers as well so they could understand what we were trying to accomplish. Sometimes, I would paste the data or images into a presentation.