ipCG Blog  

Managing Ideas, Inventions, & IP.   



Displaying articles and pages tagged with:

John Cronin

Show All Articles


Do Investors Care About IP Anymore? When IP Is a Consideration in Devising Investment Strategies

It's been two decades since Intellectual Property (IP) and its development became a defining element in investment strategies for parties on both sides of the negotiation table. In the late 1990's, investors wanted their dot-com startup companies to have patents, as it would help the company appear innovative. Even after the dot-coms went bust, investors regarded IP as upside protection; meaning, if the company went under, the IP portion of the portfolio could keep the deal from being a complete loss. Investors, like Venture Capitalists (VCs), who got burned by multiple failed investment efforts, turned their interest towards start-up companies with a strong balance sheet versus those with no revenue potential. For example, if pre-investment research showed that the start-up had a Freedom to Operate (FTO), then IP became a more important consideration on an investor's check list.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 12:20 P.M. Nov 20, 2018

TAGS: John Cronin | Regulation and Legislation | Strategy | Trade Secrets | Valuation | Mergers and Acquisitions | Licensing | Patent Sales

What should your foreign filing strategy be?

When deciding where to file patents, that is, what other countries should a patent be filed in other than the inventor's home country, there are important considerations that need to be evaluate and weighed against each other. This creates a "foreign filings decision matrix" approach. Here are some of the considerations that might help create a "foreign filings decision matrix." Simply list the countries in columns and these considerations as rows and put a high, medium or low at each intersection to create an evaluation matrix.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 9:22 A.M. Oct 24, 2018

TAGS: Invention | John Cronin | Strategy | China

John Cronin is the author of "AI Enters the IAM and IP Space as an App Store? You’re Kidding!"

Artificial Intelligence (AI) goes back to the 1950’s, as defined by Minsky & McCarthy, to be “any task performed by a program or a machine that, if a human carried out the same activity, we would say the human had to apply intelligence to accomplish the task”. This being the case, a lot has happened in almost 70 years since that statement. The history of AI can be easily researched; however, a reasonable definition can also be extracted from examples of how AI is being used and what AI is being used for.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 6:28 P.M. Oct 17, 2018

TAGS: Innovation | Invention | John Cronin | Process | Strategy | Artificial Intelligence

Virtualized Innovation Labs - No More Physical Innovation Labs Needed

The day has come where large innovation labs built by companies may not be needed. Why spend hundreds of millions to billions of dollars on a physical structure, staffed with creative people and equipped with the best tools, when this all can be virtualized? In this context, "Virtualized" does not mean remote workers, but taking the innovation process and virtualizing it with AI tools and specialized, data analytic capability and inventors. These inventors don't even have to have domain knowledge, as experts can be hired by the hour from the crowd.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 12:46 P.M. Oct 17, 2018

TAGS: Innovation | Invention | John Cronin | Strategy | Artificial Intelligence

Is Your IT Director Blockading Your AI Development?

An enlightened IT director needs to see that AI will be a huge cost savings and quality boost to the organization, and needs to guide the AI app developers, all while maintaining the security and robustness of the existing enterprise software and database. That is a larger skill set than most IT directors may have. But, to thrive in the new world of AI, the IT director should not use the security and robustness of the existing enterprise software and database as a blockade to innovation. The IT director must now play a more innovative role him/herself.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 11:37 A.M. Oct 9, 2018

TAGS: Innovation | John Cronin | Data Security | Artificial Intelligence

Patent Licensing and Patent Sales Go Hollywood!

For many years, those working at licensing and patent sales for hundreds of buyers and sellers have always realized that "telling the story" was essential. An industry standard, if not the industry standard, was a 2-pager flyer with sections on Business, Market, Technology, Valuation, and Claims Charting, etc. to create interest and then leads. Buyers or licensees had their own information requirements, but it always came down to the overlap of interest and good patents. New in the industry is a video of the IP to be sold or licensed. Seems like most people will open a 3-4 minute video but will not read a 2 page or longer package to get interest. But what is the formula for the marketing video: actors, sets, music; what do IP brokers now have to do?

(Full ipCG Blog Article)

POSTED BY John Cronin AT 11:58 A.M. Oct 5, 2018

TAGS: Commercialization | John Cronin | Licensing | Patent Sales

Artificial intelligence in IP/IAM space will come to us as an "App store"

There is no question that large artificial intelligence (AI) solutions to solve the numerous efficiency and quality needs in the intellectual property (IP)/intellectual asset management (IAM) space will fail. This has been seen with companies that have tried to bring in a generalized AI engine to solve a specific need. The reason for this is clear now, and becoming clearer every day. AI is coming into our IP/IAM space as an application (app) store type business model.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 1:32 P.M. Sep 14, 2018

TAGS: IAM | Innovation | John Cronin | Process | Strategy

Summary of ipCG’s 14th Annual Thought Leadership Conference

On May 9-11, ipCapital Group held its 14th Annual Thought Leadership Conference. This year’s theme was The RenAIssance of IP. The conference was filled with provocative discussions revolving around hot topics in intellectual property (IP). Following the full day conference, an Artificial Intelligence (AI) IP Tools Workshop was held, during which two highly regarded AI startups presented demos.

(Full ipCG Blog Article)

POSTED BY ipCG Team AT 1:29 P.M. June 7, 2018

TAGS: Adam Bulakowski | IAM | ipCG Team | John Cronin | Strategy | Artificial Intelligence

Artificial Intelligence and the Future of Invention Disclosures

John Cronin, Managing Director and Chairman, and Jacob Rosen, Chief Executive Officer and Matt Osman, Chief Technology Officer of Legit are co-authors of "Artificial Intelligence and the Future of Invention Disclosures". Intro: Artificial Intelligence (AI), when implemented correctly, uses humans’ biggest weakness to its advantage: the management and analysis of huge quantities of data. Confronted with several million documents all containing different information, a legal practitioner's first goal will be to reduce that to a reasonable level. That is often what previous workflow technology has been previously used for, particularly in the legal realm. Document management systems filter by date, author and keywords, RSS feeds show only news stories pertaining to an attorney’s current cases and even the “find” function on PDFs documents help you ignore most of the target document. The performance of these tools does not improve when the amount of data it is tasked with handling increases, in fact in most cases it declines.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 2:59 P.M. April 6, 2018

TAGS: Innovation | John Cronin | Process | Strategy | Artificial Intelligence | Disclosures

Summary of ipCG’s 13th Annual Thought Leadership Conference

On Thursday May 11th, ipCapital Group held its 13th Annual Thought Leadership Conference, bringing together innovation and intellectual property (IP) leaders from around the world in the picturesque Essex Resort & Spa in Northwest Vermont. This year’s conference theme was Effective Innovation - Transforming Ideas into High-Value IP.

(Full ipCG Blog Article)

POSTED BY ipCG Team AT 8:45 A.M. May 31, 2017

TAGS: ipCG Team | IAM | Innovation | John Cronin | Strategy | Trade Secrets | Valuation

Is the Rental Car Industry Heading Toward Disruption Because of Intellectual Property?

The rise in the prevalence of technology and patent filings in the car rental industry is creating the possibility of an industry disruption due to intellectual property. Car rental companies that acknowledge and prepare for the increasing importance of IP will stand to benefit, while companies that ignore the importance of IP will suffer.

(Full ipCG Blog Article)

POSTED BY John Cronin and Nathan Doudera AT 1:20 P.M. Jul 25, 2012

TAGS: Disruption | John Cronin | Mobile | Nathan Doudera

AIA's Effect on NPE Assertion Tactics

The Leahy-Smith America Invents Act (AIA) recently signed into law by president Obama represents the most substantial modification to the U.S. patent system in the past fifty years, and most notably, changes the U.S. system from a "first to invent" to a "first to file" system. These new rules will undoubtedly cause companies to re-think their intellectual property (IP) strategy and re-tool their IP process.

(Full ipCG Blog Article)

POSTED BY John Cronin and Bill Petrow AT 10:00 A.M. Dec 2, 2011

TAGS: America Invents Act (AIA) | John Cronin | Bill Petrow

Leading Companies are Integrating Product Development, IAM, and IP Processes

"It is only a matter of time before the integration of IP and product development becomes part of the mainstream business process. Companies have to decide whether they want to be leaders or laggards as this happens." John Cronin, Managing Director & Chairman of ipCG, and Brad Goldense President and CEO of Goldense Group, Inc. are the authors of "Integral IAM and new product processes are the future," published in the November/December 2009 issue of IAM Magazine. Their article stresses the importance of becoming an early adopter to the growing trend of merging intellectual property and business goals.

(Full ipCG Blog Article)

POSTED BY Jed Cahill and Ted Anderson AT 10:20 A.M. NOVEMBER 17, 2009

TAGS: IAM | Jed Cahill | John Cronin | NPD | Outside Publication | Process | Strategy | Ted Anderson

IP and the Banking Industry

In 1997, a small Texas company called DataTreasury invented and patented a novel technology to electronically capture and store checks. More than 10 years later, after post-September 11th laws were instituted requiring banks to be less reliant on paper checks being transported by aircraft, DataTreasury found that its patent was being used by a long list of major American banks.

(Full ipCG Blog Article)

POSTED BY John Cronin AT 9:30 A.M. APRIL 14, 2009

TAGS: John Cronin | Strategy | Banking

Real Time Web Analytics