[New Podcast] Patent Monetization

By: Josh Sloat

Episode 6: Patent Monetization

Buying and Selling, with special guest host Louis Carbonneau
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In this episode, we take a deep dive into the war games filled world of patent buying and selling. We are joined today by special guest host, Louis Carbonneau, Founder & CEO of Tangible IP. Mr. Carbonneau is a recognized expert in intellectual property with close to 30 years of professional US, Canadian, and international experience in all facets of intellectual property law and business. His firm is the largest brokerage firm in the world and has transacted over 4,500 patents in the past decade.

When we sat down with Louis, we hoped to be able to provide our listeners with a 101 style talk on the ins and outs of patent monetization. What we got was so much more and so very consistent with our mission of helping our audience see around corners and help their future selves. Louis begins with some excellent historical perspective and an overview of the state of the market, but really drives it all home with a plethora of forward-thinking strategies that make for more robust, defendable, assertable patents. Patents are a long game. The little things you do now can have tremendous impact over the next 15 or more years of your business journey and it’s vital that inventors and practitioners start keeping these strategies in mind, if they have any hope of crafting battle ready, commercial-grade patents. 

Expert Panel
Louis is joined today by our always exceptional group of IP experts including:

• Ashley Sloat – President & Director of Patent Strategy at Aurora Consulting
• Shelley Couturier – Patent Strategist and Search Specialist here at Aurora
• David Jackrel – President of Jackrel Consulting
• David Cohen – Principal at Cohen Sciences 
• Amy Fiene – Patent attorney at Vancott and adjunct professor at BYU
• Neil Thompson – Patent agent at Torrey Pines Law Group

Topics Covered

• Historical context and present state of the market for transacting patents
• Who's buying and who's selling?
• The value of meaningful, quality patents and what potential buyers want to see in commercial-grade patents
• The vital role that patent searching plays in value, enforceability, and mitigation against future invalidation – and the BIG problem with relying on examiners for prior art searches
• Drafting and prosecution tips for future-proofing patents against case law changes
• Potential impact of newly proposed legislation: Pride in Patent Ownership Act and Unleashing American Innovators Act
• Patent sales vs. licensing vs. technology transfer
• How NPEs are monetizing through litigation
• How to use patents as strategic weapons on the international stage

Availability

Patently Strategic is available on all major podcasting directories, including Apple Podcasts, Spotify, and Google Podcasts. We're also available on 12 other directories including Stitcher, iHeart Radio, and TuneIn, so you should be able to find us wherever you listen to podcasts.

Topic and guest participant requests

If you’re an agent or attorney and would like to be part of the discussion or an inventor with a topic you’d like to hear discussed, please reach out.

Resources

If you haven’t listened to our episode on patent searching, we highly recommend you also give it some ears. In this episode, Louis talks a lot about the importance of searching as it pertains to drafting valuable patents, how it’ll help if you get IPR’d, and also help against infringers. It tees in wonderfully with the context and strategy bits Shelley covers in the prior episode. Be sure to check it out. 

We're also providing computer-generated transcripts for improved accessibility and additional reference opportunities. ​