How to Successfully Capitalize on Your Innovations
Clean Technology 2008

How to Successfully Capitalize on Your Innovations

S.W. Cummings
Buchanan Ingersoll & Rooney PC, US

Commercialization, IP, Patents, Licensing

Any successful innovator can tell you, with an ethereal smile, exactly when and where “the big idea” hit him or her. This expression will flash to a serious battle-worn stare as they explain all the work done to get the product launched. The focus of this presentation will be on the intellectual property and corporate aspects of a typical odyssey from idea to product release. A simple 3-step mantra is used as a framework to highlight best practices and potential pitfalls along the path to commercialization: (1) Protect It; (2) Refine It; and (3) Sell It or Form a Start-Up to exploit it.