Patent to Profits: Turning a Protected Idea Into a Scalable Business
About this episode
The episode discusses strategies for transforming protected inventions into profitable businesses.
Attorney Vincent LoTempio, alongside Andrew Lees of Stoke Ventures, discusses strategies for transforming protected inventions into profitable businesses. The episode explores how to evaluate the viability of an idea, navigate the challenges of licensing agreements, avoid predatory product development firms, and build a business through market research and strategic development, providing inventors with actionable steps to achieve commercial success.
People in this episode
Host: Vincent LoTempio
Guest: Andrew Lees
Topics covered
- patent law
- business strategy
- licensing agreements
- market research
- product development
Keywords
- patent
- profits
- business development
- licensing
- market research
- inventors
- commercial success
Mentioned in this episode
Organizations: Stoke Ventures
More episodes of Guardians of Innovation, Patent & Trademark Law with Vincent LoTempio
- Patent Infringement: What to Do If Someone Copies Your Invention
- What Every Inventor Should Know Before Talking to Investors or Manufacturers
- Licensing 101: Turning Your IP into Passive Income
- Startup IP Strategy: Building an IP Portfolio That Attracts Investors
- Lessons from the Selfie Stick: An Interview with Wayne Fromm
- From Idea to Product: Why The Right Sequence Matters for Innovation and Protection
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