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Monetizing ideas - an inventor's insights

Many people have ideas. Usually they are aware of two options; getting them to market, which takes a huge commitment of time and money, or doing nothing with them. In this talk we will discuss how to evaluate and enhance ideas, and then a number of options as to how to monetize them.

As patents are key, we will start by talking about what you should know
about patents. What is a patent, inventors and owners, a little bit on the
importance of the body and the claims, provisional patents, continuations and continuations in part.

Next we will talk about how to get value from ideas. A variety of options for
making money from ideas - how ideas can be sold, as is, when it makes
sense to patent them, how patents can be useful to companies and the
reverse direction of generating patents specifically to increase the value
of companies. We will discuss which route to market makes more sense
depending on the idea characteristics.


Dr. Shmuel Ur received his Ph.D. in Algorithms
Optimization and Combinatorics in 1994 in Carnegie Mellon University
(advisers: Michael Trick and Nobel Prize winner Herbert Simon). Shmuel
received his Bs.C. and Ms.C. from the Technion in Israel. Shmuel has
published academic papers in the fields of hardware testing, artificial
intelligence, algorithms, software testing and testing of multi-threaded
programs. Shmuel has more than 60 professional publications, more than
30 granted patents and more than 70 filed patents; he has given numerous
talks and tutorials at academic conferences and in industrial settings. Shmuel
was a research scientist in the IBM research lab in Haifa, Israel for 16 years,
where he held the title of IBM Master Inventor. In the last two years Shmuel
works as an independent inventor and has sold about 20 ideas, as well as
filed quite a few himself. In addition, Shmuel consults start-up companies,
helps them in inventing and evaluating their inventions, and advises on
their IP strategy. For the past 12 years, at IBM Research and later as an
independent consultant, Shmuel has been active in the area of IP education,
mainly for computer professionals. He initiated a new workshop entitled
Patents and Software Engineering, as well as given multiple workshops on
how to generate ideas and what to do with them.

Join or login to comment.

  • Ahik O.

    Fascinating lively presentation, best I heard on this subject. Unique viewpoint - one of the inventor rather than patent practitioners and lawyers.

    1 · December 17, 2012

  • A former member
    A former member

    great lecture! learned a lot

    December 14, 2012

  • ilai g.

    Any chance to move it to a bigger place and increase the capacity?
    There are as many people waiting as there are attending

    December 10, 2012

  • shmuel u.

    Anyone in the audience ever sold an idea?

    December 9, 2012

    • shmuel u.

      A guess of how much the payment for an idea is (from companies that buy ideas)? not talking about patents but just an idea?

      December 9, 2012

    • Rae HB Fishman (.

      hmmmm--like asking Colgate how to double sales with virtually no increase in COGS? they bought it, and it works to this day, but very unusual these days, unless you work for 3M

      December 10, 2012

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