patent remedies assistant professor colleen chien
DESCRIPTION
MoneyTRANSCRIPT
![Page 2: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/2.jpg)
Two Types of Remedies
![Page 3: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/3.jpg)
Money
![Page 4: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/4.jpg)
What is the value of a patent?
$599
“Slide to Unlock Patent”
![Page 5: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/5.jpg)
How about now?
$599
250K patents
![Page 6: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/6.jpg)
How about now?
$599
250K patents
Cost of components $120Cost of marketing $60Cost of R&D $200
![Page 7: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/7.jpg)
What the jury sees
$599
“Slide to Unlock Patent”
![Page 8: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/8.jpg)
Two Types of Remedies
![Page 9: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/9.jpg)
How much does it cost to design around the patent?
![Page 10: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/10.jpg)
How much does it cost to design around the patent?
![Page 11: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/11.jpg)
How much does it cost to design around the patent?
![Page 12: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/12.jpg)
Two Types of Remedies + a third consideration
![Page 13: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/13.jpg)
How much does it cost to fight over the value of the patent?
![Page 14: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/14.jpg)
What the law says
35 U.S.C. 284 Damages.
…the court shall award the claimant damages adequate to compensate for the infringement…
![Page 15: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/15.jpg)
What the law says
35 U.S.C. 283 Injunction.
The courts []may grant injunctions
![Page 16: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/16.jpg)
The Business Opportunity
Nuisance-Value Litigation Business Model
The Cost of Offense is greater than the Expected RecoveryThe Cost of Defense, and therefore Likely Settlement Fees are greater than the Cost of Offense
Settlement?
![Page 17: Patent Remedies Assistant Professor Colleen Chien](https://reader036.vdocuments.site/reader036/viewer/2022062413/5a4d1b2d7f8b9ab059999b82/html5/thumbnails/17.jpg)
Thank You!
Colleen [email protected]
Links to my papers with data referenced here:http://papers.ssrn.com/Auth_id=362060