In this podcast, TBC host and Pratik founder Sera Evcimen has a discussion with patent attorney Troy Grabow about the importance of intellectual property (IP) strategy for hardware startups. They explore
- the differences between patents and trade secrets,
- the complex process of filing and maintaining patents, and the potential costs involved,
- the strategic decisions startups need to make regarding patenting their inventions or keeping them as trade secrets,
- underline the significance of clear agreements on IP ownership in co-development and supplier relationships.
Troy emphasizes the value of IP as a startup's principal asset in the early stages, and advises startups on managing related costs, risks of overseas operations, and the importance of employee IP education.
You can find Troy's company here: https://www.grabowlaw.com/
Resource Highlight: Hardware Meetup (an informal project) is a global community of over 25k hardware professionals that meet in cities around the world to network, share insights, and find collaborators, investors, and partners. With 30 chapters and growing, and partnerships with recognizable hardware brands like Google X, Tesla, Solidworks, and Onshape. Attend a local IRL Hardware Meetup for an invite! Find your city chapter at hardwaremeetup.com
Music by: Tom Stoke (in addition to royalty-free music provided by Descript)
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