(116) Patents are indispensable tools for companies and a must in today's business environment. They can provide many benefits that can protect your interests now and in the future. But what is a patent? Simply put, a patent is a government grant that can prevent others from making, using, or selling your new, useful, and non-obvious invention for a specified period of time. How can having patents benefit your business? In this video I discuss how patents protect your research and development progress and talk about periodic product design reviews; detail how patents prevent competitors from taking your products and undercutting your prices, including an example using one of the world's largest retailers, Amazon, to provide a concrete illustration of how patents can help inventors and their companies; and finally, I discuss how patents can serve as a defense in lawsuits against competitors if your company is facing allegations of patent infringement and the approach to having a strong patent portfolio and robust patent strategy. You took the risk and put a lot of time, effort and money into designing a unique new product. Patents are one way to ensure that you can enjoy your success and protect yourself in the marketplace.

#patents #intellectualproperty #intellectualpropertylawyer #businessstrategy #innovation #startupadvice

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This channel provides ideas and education for entrepreneurs and other creative visionaries. Topics in these videos include intellectual property, patents, trademarks, copyrights, trade secrets, licensing, and general business practices.

John Ferrell is a founder and patent attorney at the Silicon Valley law firm Carr & Ferrell. The author of two books and a growing YouTube channel on intellectual property, John's passion for creating and protecting intellectual property is reflected in his representation of many of the world's most important companies and inventors – some 5,000 to date. Founded in 1992, Carr & Ferrell has filed more than 10,000 patent applications for virtually every technology imaginable.

Representative customers include: 3Com, A10 Networks, Analogix, Apple Computer, Ariat, ASG Technologies, Atmel, Autodesk, Bank of America, Broadcom, Cadence, Canon, Caterpillar, Charles Schwab, Cirrus Logic, Cisco Systems, CSX, Dreamworks, Elasticsearch, Epson, Facebook, FireEye, Fonality, Fujitsu, Hewlett Packard, Hitachi, Icon Aircraft, IDEO, Intuit, Intuitive Surgical, KLA-Tencor, Knowles, Kodak, Lam Research, Lockheed, LSI Logic, Lucent, Marvell Technology, Mitsumi, Netgear, Olivetti, Oracle, PeopleSoft, Polycom, Philips, Plantronics, Princess Cruise Lines, Proofpoint, Rambus, Raytheon, Ricoh, Rohm Semiconductor, Ruckus Wireless, SDL, Seagate, Sega, Seiko Systems, Silver Peak, Sonos, Sony, Sun Microsystems , Sutter Health, Swagelok, Synnex, Synthetic Genomics, Technogym, The Ferrero Group, Trend Micro, Urban Outfitters, VIA Technologies, vArmour, Veritas, VMware, Wells Fargo, Western Digital and Xilinx.

John is distinguished by his proven technical and legal expertise and has been named to the Silicon Valley Business Journal list of Who's Who in Silicon Valley and the Super Lawyers of Northern California. He was also listed by the Los Angeles Daily Journal as one of California's Top Rainmakers, by San Jose Magazine as one of Silicon Valley's Top Legal Eagles, and by San Francisco Magazine as one of Northern California's Top Lawyers. In addition, under his leadership, the firm has been recognized by Corporate Counsel Magazine as a Go to Law Firm for Intellectual Property. John has received an AV® Peer Review Rating from Martindale-Hubbell® (reflecting the highest level of professional excellence). For the past thirty years, John has presented and spoken on patent and intellectual property issues in both legal and technology forums around the world.

In addition to his law practice, John is an active technology investor and a member of The Band of Angels, Silicon Valley's oldest seed fund organization.

Please note that this channel provides general legal and business information for educational purposes only and is not intended to provide legal advice or create an attorney-client relationship. John Ferrell is admitted to practice law in California, before the USPTO (US Patent and Trademark Office), before several US federal district and appellate courts, and before the Supreme Court of the United States.

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If you would like to speak to an attorney about patents, please call: 650 – 812 – 3408, email [email protected].

John Ferrell, Esq.
[email protected]
Monopoly architect, patent strategist, lawyer
Carr & Ferrell LLP
411 Borel Ave., Ste. 603
San Mateo, CA 94402

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