Monthly Archives: April 2012

Supplemental Examination: The Patent Savior

Intellectual property is vital to establishing and preserving the value of many start-up companies.  A company’s patents, for example, can be used to attract investors, exclude competitors from using the company’s core technology and generate new opportunities such as the ability to cross-license with competitors both big and small.  It’s no wonder, then, that many start-ups are thrilled with the issuance of their very first patent.

So what’s a company to do when it’s ready to assert its patent in litigation, only to realize that not all the i’s were dotted and t’s crossed during the original prosecution of the patent?  If the problems are so great that the company is worried about the enforceability of the patent, a new procedure established by the Leahy-Smith America Invents Act, known as supplemental examination, may save the day.  In a nutshell, the procedure allows the patent owner to request additional examination of the patent to correct errors in the original prosecution and thereby insulate the patent owner against a later finding in the litigation of unenforceability due to inequitable conduct.

While, at this point, the Patent Office has only established proposed rules for implementing supplemental examination, a final version of the rules will be published in the coming months and made effective by September 16, 2012.

This post on Patents and Intellectual Property was authored by Ken Radcliffe.

 

Founders Flash

This week’s articles highlight legal priorities for start-ups, discuss whether venture capital is always the best option, profile big data start-up Kaggle, and outline what the JOBS Act means for crowdfunding.

Getting it on Paper: 3 Legal Must-Dos for Your Start-up – Nithya Das and John Egan, The Daily Muse

The most important legal issues to get right from the get-go.

Why Venture Capital Isn’t Always the Answer for Start-Ups – Deborah Gage, WSJ Digits Blog

Hot Internet technologies are producing waves of new start-ups, but for many of these young companies, venture capital is the wrong answer, at least in the beginning.

From Intern to Venture-Backed Entrepreneur With a Little Help From Big Data – Gwen Moran, Entrepreneur

Founded by an Economist Magazine intern, Competition site Kaggle makes predictive modeling more effective and efficient.

The JOBS Act’s Real Impact On Crowdfunding – Ryan Caldbeck, Forbes

With the passage of the JOBS Act, it is very likely the SEC will take a hardline approach on investor protection.

This post was authored by Founders Workbench.

Helpful Higher-Ed Resources For Entrepreneurs

It seems more and more universities are getting involved in the entrepreneurship game these days.  While many entrepreneurs are familiar with well-established business plan competitions, like MassChallenge, universities are increasingly investing in student and alumni projects by offering substantial resources and even funding opportunities.  As a bonus, many universities are also providing extremely helpful resources to the general public for free.

A great example is the Dartmouth Entrepreneurial Network, or DEN, which has compiled a comprehensive set of useful research tools for entrepreneurs organized by topics that range from intellectual property and legal matters to industry analysis and financing resources, all of which can be found here.  DEN, which has served the Dartmouth entrepreneurial community since 2001, has provided support for over 300 companies and currently partners with the Dartmouth Regional Technology Center to provide incubator support for over a dozen start-ups.  Through the Tuck School of Business, DEN, like many universities, also offers alumni the opportunity to audit business school classes on entrepreneurship online for free.

DEN is a resource well worth exploring for both Dartmouth alumni and the general public.  All entrepreneurs would be well advised to see what similar resources and support theiralmamaters can provide.

This post on Research and Start-up Issues was authored by Ed Dabuzhsky.

 

PAX East "Made in MA" Party

Date: April 5th | 7:00 PM – 10:00 PM

Overview: PAX East “Made in MA” Party, held in conjunction with the PAX East Gaming Conference, welcomes exhibitors and game developers to come together to celebrate the local Massachusetts gaming industry and all it has to offer. Held at the Microsoft NERD, see firsthand how Massachusetts has become a leading gaming hub and created more than a $2 Billion industry. Network with peers, developers, investment groups, the government and media. This networking event will take place the night before PAX East starts. Goodwin Procter is a sponsor.

Event Registration

Twitter: @MassTLC; hash tag  #MadeinMA

Video from last year’s conference

This post was authored by Founders Workbench.

Founders Flash

This week’s articles highlight the benefits of the JOBS Act for start-ups, consider how entrepreneurship may help Greece’s troubled economy, discuss how the latest Y Combinator event gave start-ups the upper hand with investors, and feature a new networking idea from a big VC firm.

With Passage of JOBS Act, Steve Case, AngelList Founder and Others Look Forward to a Less-regulated Start-up World – Olga Khazan, Washington Post

The JOBS Act may make it easier for start-ups to raise money and go public in a number of different ways.

Trying to Inject Entrepreneurship Into the Greek Economy – Jessica Bruder, New York Times

Some think entrepreneurship is the only way out of Greece’s economic troubles.

Standing Room Only at Y Combinator Event Puts Startups in Driver’s Seat – Douglas Macmillan, Bloomberg Tech

It’s a reversal of roles in Silicon Valley’s startup scene: Investors are clamoring for face time with entrepreneurs.

Big Venture Firm Raises the Networking Stakes – Sarah McBride, Reuters

Andreessen Horowitz is aiming to provide start-up companies with business connections that can help them succeed.

This post was authored by Founders Workbench.