Technology is the new terrain for the modern cowboy and the new “wild west” has benefited those who know how to survive. Contributing Editor to Forbes Magazine Mary Juetten, tells the IP horror story of Phillip Felice who is the Founder of Bridge Optix.
“I realized I have underestimated intellectual property timing importance.” Phillip was weeks away from a public release of his product when he was grilled on his company’s IP protection and strategy. He realized that his patents needed to be filed before his public product release. Remember, you may not know what you do not know about your valuable assets like patents and trademarks until you can identify your valuable IP. That discovery needs to happen early on and then you can strategize on protection, remembering to consider all the locations of your operation.
Patrick Richards works at the intersection of software technology, intellectual property rights, and building businesses. He is the founder of Chicago based IP law firm Richards Patent Law, a co-founder of health-tech software company Resonance Medical, and teaches medical innovation at Northwestern University Pritzker School of Law. In each of these roles, Patrick brings an entrepreneurial approach to building value in business through strategic use of patents, trademarks, copyrights, and trade secrets.
If you have ever needed to know how to best legally protect your code, software or apps or needed advice on product and brand names, patents and registered trademarks. Nationally recognized patent and IP attorney, Patrick Richards will be participating in the Chicago Coder Conference on June 8 at the Gleacher Center in Chicago. Patrick will share from his knowledge and experience on “Protecting Tech IP.”
Patrick will discuss using intellectual property rights to secure a competitive advantage and build value in a business. He’ll also explain how to use patents to protect the functional aspects of your software, copyrights to protect the underlying code, trade secrets to protect the hidden aspects of the software, and each of the previous rights to increase the value of the trademarks.