What do intellectual property (IP) and shareholder value have in common? Everything, if you ask Stephen C. Glazier, a partner at Kirkpatrick & Lockhart LLP (K&L) who specializes in IP and patent law.
"Patents are being leveraged in more innovative and profitable ways," says Glazier. "The result is a paradigm shift that has transformed shareholder expectations and advanced the role of IP in corporate transactions. This shift has ushered in a new set of benchmarks and best practices that any director or officer should know in order to succeed in the evolved patent landscape."
Technology Deals: Case Studies for Officers, Directors, Investors and General Counsels about Patent Strategies, IPOs, Mergers, Acquisitions, Venture Capital, Licensing, Litigation, Settlements, and Due Diligence - the third in a series of books written by Glazier - details those benchmarks and practices, and describes how to work patent-sensitive technology deals. "Patents are now profit centers," Glazier says, "and they can force deals to close that otherwise would not happen. This new thinking about patents can increase shareholder value and can also significantly impact the bottom line."