44 episodes

In this series, John Cronin and Seth Cronin share insights relating to invention, creativity, and intellectual property. These insights were collected over 17 years at IBM (John became its top inventor with over 100 patents and 150 patent publications) and 35 combined years as intellectual property and innovation consultants at ipCapital Group (working with over 800 companies and approximately 15% of the Fortune 500, hundreds of mid-size companies and hundreds of startups and governmental laboratories).

Invent Anything‪™‬ ipCapital Group

    • Business
    • 5.0 • 2 Ratings

In this series, John Cronin and Seth Cronin share insights relating to invention, creativity, and intellectual property. These insights were collected over 17 years at IBM (John became its top inventor with over 100 patents and 150 patent publications) and 35 combined years as intellectual property and innovation consultants at ipCapital Group (working with over 800 companies and approximately 15% of the Fortune 500, hundreds of mid-size companies and hundreds of startups and governmental laboratories).

    How To Sell Your Patent Part 2

    How To Sell Your Patent Part 2

    Get ready for an enlightening episode of Invent Anything! In Part 2 of our series on selling patents, we'll be providing a detailed guide to the art and strategy of patent sales. Whether you're a veteran inventor looking to make the most of your portfolio or a newbie just starting in the patent world, this episode has insights for everyone.

    Topic 1:
    We'll be kicking things off with the top ten pitfalls to avoid when selling a patent. Navigating the patent market can be a tricky affair, and these tips will help you steer clear of the most common obstacles.
    Topic 2:
    Next, we'll explore the best practices to enhance your patent sale's success rate. We'll cover everything from valuation methods, pitch crafting, potential buyer identification, negotiation strategies, and more.
    Topic 3:
    The episode will also feature a comprehensive discussion on the effective use of Evidence of Use (EOU) of Patent Infringement. Learn how to use this tool to prove your patent's value and improve your chances of securing a sale.
    Topic 4:
    We'll also delve into the issue of Prior Art, which can challenge the validity of your patents and consequently affect your sales. Learn the strategies to overcome these invalidity arguments and confidently present your patent's worth to potential buyers.
    Topic 5:
    Interestingly, we also shed light on a less explored market of selling to small companies, along with compelling reasons why this could be a viable route for your patent sales.
    Topic 6:
    Finally, we will cap the episode by diving into the power of automation in the patent sales process. From creating efficient systems to using AI-powered platforms, discover how automation can streamline your sales efforts and enhance your patent portfolio's profitability.

    In a special focus, we chose topic 6 to highlight how varying business sizes affect intellectual property strategies.

    Stay tuned to navigate the complex world of patent sales and successfully monetize your inventions. Tune in and get ready to Invent Anything!


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    • 57 min
    Is a Patent a Startup? | Invent Anything Episode 46

    Is a Patent a Startup? | Invent Anything Episode 46

    In this episode of Invent Anything  discover the intersection of entrepreneurship and intellectual property, exploring how patents and startups drive innovation and economic growth while uncovering missed opportunities and funding challenges. We’ll learn how patents offer a robust platform for inventors to monetize their creations and shape market dynamics, just like startups. Explore parallels between startups and patent startups, revealing shared principles of innovation, investment, market differentiation, and value creation. Witness the symbiotic relationship between patents and startups as we navigate obtaining a patent, laying the groundwork for successful startup development through market research, product development, legal compliance, and brand building. In the end, you might walk away recognizing that a patent is a startup or at least a startup getting born.


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    • 59 min
    Paper Patents: Strategies, Writing Tips, and the Future | Invent Anything Episode 45

    Paper Patents: Strategies, Writing Tips, and the Future | Invent Anything Episode 45

    In this episode of Invent Anything, John delves into the nuanced topic of paper patents, revealing expert strategies and writing tips that promise to elevate your patent applications to new heights. Discover the secrets of utilizing established patent formats, the 'Russian doll enablement' technique, and the art of incorporating multiple embodiments to infuse novelty into your filings. Learn why starting with narrow claims can lead to early success, the strategic advantage of detailed drawings, and how to create impactful prior art through enabled publications. Our discussion will also cover the crucial aspects of writing from both a timing and value chain perspective, and how AI is revolutionizing the creation of data tables in patent applications. Looking forward, we'll navigate the evolving landscape of paper patents, predicting a surge in their numbers, the integration of AI and prototyping companies in their development, and the intriguing possibility of virtual and augmented reality becoming the new standard for patent operation. Join us as we forecast the transformative trajectory of paper patents and equip you with the knowledge to master this craft. Whether you're a seasoned inventor, a budding entrepreneur, or simply fascinated by the world of intellectual property, this episode is your blueprint for success in the ever-changing patent landscape.


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    • 44 min
    Maximize Investment with IP Strategy for Early-Stage Companies | Invent Anything Episode 44

    Maximize Investment with IP Strategy for Early-Stage Companies | Invent Anything Episode 44

    In this episode, host John Cronin delves into the strategic use of intellectual property (IP) for early-stage companies. He explores how patents, trade secrets, and enabled publications can significantly boost market position and company valuation. The discussion includes leveraging IP for investment attraction, risk management, and enhancing brand image. Gain insights on creating an integrated IP strategy to navigate competitive advantages, monetization, and mergers and acquisitions. Join us to unlock the potential of intellectual property in transforming your business strategy.

     


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    • 56 min
    Patent Poison Pill for Early-Stage Companies| Invent Anything Podcast Episode 43

    Patent Poison Pill for Early-Stage Companies| Invent Anything Podcast Episode 43

    In this episode, John delves deep into the concept of 'patent poison pills' and their impact on early-stage companies. This is a must-listen for CEOs, investors, management teams, and anyone involved in the startup ecosystem.

     

    John explains the 'poison pill' phenomenon, offering real-world case studies that showcase how mismanaged patents can lead to dire consequences for startups. He also provides a comprehensive guide on managing patent disputes, addressing various roles and responsibilities within a company, and strategies for both preventing and resolving patent-related issues.

     

    For CEOs who have faced or are wary of patent management challenges, this episode is a treasure trove of insights. John, with his extensive experience, discusses the importance of effective patent management, highlighting the critical role patents play in protecting proprietary technology, driving market value, and safeguarding against legal disputes.

     

    Furthermore, John offers invaluable advice on proactive steps to avoid the 'patent poison pill', emphasizing the necessity of expert patent counsel, the importance of due diligence, and the dangers of neglecting patent assignments.

     

    Stay tuned as we navigate through the complexities of patent management in startups, learn to identify potential pitfalls, and discover strategies to fortify your company against the patent poison pill.

     

    Subscribe to our channel for more episodes of "Invent Anything" and join us on our journey to empower innovators and entrepreneurs.


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    • 43 min
    Unlocking Business Growth: The Power of Patent Valuation | Invent Anything Episode 42

    Unlocking Business Growth: The Power of Patent Valuation | Invent Anything Episode 42

    Join us in this episode of Invent podcast where we discuss into the crucial role of Patent Valuations in transforming businesses. We start by exploring the fundamentals of Patent Valuation, understanding its comprehensive process and the rationale behind using licensing models for valuation. We discuss how these valuations utilize solid third-party data and market-specific comparables to yield tangible figures, helping IP owners determine the real-world value of their patents.

     

    Next, we tackle the Proforma Patent Valuation and its unique challenges, revealing how it can provoke critical decisions in businesses with existing revenues. From the potential outcomes of licensing or selling patents to the paradigms created by valuation figures, we cover the spectrum of implications these valuations have on businesses.

     

    We then highlight the Ten Areas where a Patent Valuation can significantly alter your business, ranging from defining asset quantification to discovering new markets and partners. This section emphasizes how valuations not only reveal patent strengths and weaknesses but also guide strategic business decisions and foster innovative growth.

     

    The episode also addresses a common oversight in patent development – the afterthought of valuation. We uncover the deficiencies in typical patent development approaches and how they limit patent utility, market reach, and portfolio strength.

     

    In the final segments, we discuss strategies for enhancing your patent valuation, emphasizing the importance of aligning patenting efforts with business goals and market dynamics. Plus, we explore how leveraging patent valuations can bring about a paradigm shift in your business strategy, aligning management and investors, and transforming your company into an IP-focused enterprise.

     

    Tune in to learn how you can leverage Patent Valuation not just as an assessment tool, but as a strategic asset to reshape your business's trajectory. Whether you're an IP professional, business owner, or entrepreneur, this episode will equip you with the knowledge to optimize your patent assets and drive innovation.


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    • 57 min

Customer Reviews

5.0 out of 5
2 Ratings

2 Ratings

MikeD in VT ,

Amazing insights

Great material on innovating and leveraging that innovation

Sethphan ,

Finally and invention and IP podcast

There are many pods on creativity for art and music, but this is truly for business innovators. Adding on john’s career experience in IP is a huge bonus. Amazing they are giving away also this info for free, listens like a master class from one of IBMs all time greatest inventors

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