IPHatch HK 2022 - IP Strategies for Start-ups What and Why need to Know?

 IPHatch webinar named “IP Strategies for Start-ups What and Why need to Know?” was co-organized by HKTDC and IPHatch Startup Foundry on 12th May 2022.  The guest speaker is Mr. Jason Loh (CEO & Founder of Pice Future).  Firstly he discussed the definition of a patent that is the granting of property right by a sovereign authority to an inventor. A patent provides the inventor exclusive rights to the patented process, design, or invention for a certain period in exchange for a complete disclosure of the invention.

Then Mr. Jason Loh mentioned IP strategy including IP budget to prioritize your key rights/markets and use extension of time strategically during filing, as well as to perform IP audit regularly. And then he discussed some pitfalls for patenting start-ups’ IP such as failure to have NDAs in place, disclosure of technical solution, etc.

After that he raised four steps to develop a good IP strategy including 1) establishing guidelines by listing down all IP; 2) Analyze your competitive advantage and barrier to entry; 3) analyze any third party involved; and 4) plan an innovation and technology roadmap.

He also mentioned some benefits for SMEs and Start-ups to care about IP such as preventing or delaying the competitors enter the market, building corporate value and trustworthy partners, etc.

Finally, he briefed some IP strategies in their start-ups pool and introduced IP Landscapes to map and visualize your patent information.

Lastly, he introduced IPHatch 2021/2022 for technology start-ups and briefed the timeline in 2022.

Reference:

IPHATCH - https://www.iphatchday.com/

20210429: IPHatch Webinar - Market Research for Start-ups - https://qualityalchemist.blogspot.com/2021/04/iphatch-webinar-market-research-for.html

20210407: IPHatch inspiring panel - Innovations · Future Living · Startups - https://qualityalchemist.blogspot.com/2021/04/iphatch-inspiring-panel-innovations.html