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Ryan O'Donnell of Volpe & Koenig Ryan O’Donnell of Volpe & Koenig.

Intellectual property is often most critical asset for an early-stage company. Developing a strong, cost-effective IP strategy and risk management strategy to avoid costly IP litigation can make the difference in a company’s survival. Investors or potential acquisition entities are well-versed in the importance of a strong intellectual property portfolio and strategy, and typically value early-stage companies on the strength of their IP rights. It is essential to protect intellectual property at early stages in the company’s life cycle in order for any startup to be successful. However, many early stage companies face the dilemma of how to finance intellectual property on a tight budget, while also maximizing their IP protection and being diligent to avoid third party intellectual property. This article will describe some basic, cost-effective practices for early stage companies to protect essential intellectual property assets and develop strategies avoid IP disputes.

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