Subject category:
Entrepreneurship
Published by:
Harvard Business Publishing
Length: 11 pages
Data source: Field research
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Abstract
Discusses patents, licenses, and deal-making in a start-up venture. The entrepreneur, Jeff Hawkins, holds a patent on Palm Print, a pattern recognition algorithm. After licensing Palm Print to his employer, he led three years of development of commercial products for the company. Focuses on Hawkins's efforts to start up a new, noncompeting venture that requires cross-licenses for the Palm Print enhancements. The employer wants Hawkins to stay to develop the new products "in-house," so resists making an agreement.; Introduces discussion of intellectual property as a resource--patent, licenses, employment agreements--and deal-making that involves sharing of intellectual property.
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Abstract
Discusses patents, licenses, and deal-making in a start-up venture. The entrepreneur, Jeff Hawkins, holds a patent on Palm Print, a pattern recognition algorithm. After licensing Palm Print to his employer, he led three years of development of commercial products for the company. Focuses on Hawkins's efforts to start up a new, noncompeting venture that requires cross-licenses for the Palm Print enhancements. The employer wants Hawkins to stay to develop the new products "in-house," so resists making an agreement.; Introduces discussion of intellectual property as a resource--patent, licenses, employment agreements--and deal-making that involves sharing of intellectual property.
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