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Articles By stellar kent

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The Ultimate Guide For A Successful Patent Recognition Program   By: stellar kent
Developing an effective patent recognition program that celebrates everyone involved with the patent is a great way to build morale and promote innovative thinking, resulting in more successful patents.(read entire article)
View : 148 Times
Category : General

Why Patent Reward Systems Require More Than Just Money   By: stellar kent
Innovation is crucial to maintaining your company's growth, and patent reward systems are a great way to keep your innovators happy. While you likely have hiring agreements in place to define how employees who earn patents are compensated, how can you reward them without breaking the bank?(read entire article)
View : 146 Times
Category : General

12 Things You Should Know About Creating An In-house Patent Program   By: stellar kent
For companies that bring new products to market, setting up an in-house patent program is a great way to acknowledge and reward the creative thinkers that boost your bottom line. People who can come up with new products and processes to expand your production capacities are invaluable and should be celebrated.(read entire article)
View : 174 Times
Category : General

Best Practices For Patent Royalty Compensation Plans   By: stellar kent
Innovative employees are the backbone of corporate progress and success because they come up with inventions that push the business forward. Unless you want your top inventor to be poached by a competitor, you have to show such employees gratitude. You can reward the worker with a bonus, a plaque within the office premises, or hold a patent celebration for them. Although the patent to an employee's invention generally belongs to the firm, you have to create a compensation plan that'll make sure that the inventor gets what he or she deserves.(read entire article)
View : 171 Times
Category : General

How To Distinguish Individual And Team Contributions To Innovation   By: stellar kent
Every organization is populated with innovative thinkers, but how do you support both individual and team contributions? Teams are built on trust. If your reward process doesn't distribute rewards fairly, you may make it harder for your innovative teams to maintain effective communication and can even damage the trust you need for teams to function at their peaks.(read entire article)
View : 181 Times
Category : General

How To Run An Effective Patent Harvesting Meeting   By: stellar kent
Running a patent harvesting meeting is a new experience for many business people. It is important to gain experience the right way, with measurable results and successes. Patent awards, patent recognition, invention harvesting, and IP harvesting can all happen with the help of a well-run patent or invention harvesting meeting. The problem is, these meetings are not so simple to run! The rewards are great, however, for both companies and individuals, when they go smoothly. Whether you are new or experienced at running these meetings, consider these basics to get you off on the right foot.(read entire article)
View : 289 Times
Category : General

How To Award Your Company's Most Innovative Employees   By: stellar kent
One of the biggest challenges for leaders is in treating their most innovative employees fairly in relation with the rest of their staff. Innovative thinking can be highly profitable, but it can also seem scattered or disorganized to an outside observer. Of course, we want to celebrate innovative thinking, but how can we highlight this thinking and keep everyone else happy?(read entire article)
View : 300 Times
Category : General

Tips For Establishing The Right Patent Strategy For Your Company   By: stellar kent
Your patent strategy determines how well you will protect your business's intellectual property. These innovations and inventions could leak out to your competition and the general public and may end up profiting others if you do not have a solid plan to protect them. Patents are generally issued to the first-to-file basis. This means that the first organization to present the documentation of the patent request becomes the owner of the invention even if the invention was created by someone else. There is also no single country patent that covers the whole world. That is why it is important to come up with a global patent strategy to cover every country where you offer goods and services.(read entire article)
View : 346 Times
Category : General

Patent Recognition For Cryptocurrency Companies: What You Should Know   By: stellar kent
Patent recognition for cryptocurrency companies is a developing trend, much like the constant evolutions of cryptocurrencies, blockchains, and all the various technological structures that seek to support and improve them. Today, there are thousands of cryptocurrency-related patents already in existence and in the making. The importance of careful structure and development has become more relevant than ever to innovators seeking to successfully lay claim to a patent.(read entire article)
View : 354 Times
Category : General

Why Patent Quality Is More Important Than Patent Quantity   By: stellar kent
Most of us have seen patent plaques and awards at least once in our life, but still not many of us understand what patents are. When you have a brilliant idea or an invention, you must file for a patent in order for that idea or invention to be recognized as your own asset. With a patent, you can sell, market, or do whatever you want with your invention within a limited time, and without it, someone could steal your invention and sell it under their name.(read entire article)
View : 305 Times
Category : General

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