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Perspective

Apr. 20, 2010

The Big Business of Patent Minutiae

For investors, entrepreneurs and causal observers, claim construction may well be a mystery in the black box of patent valuation, writes Nathan Smith of Knobbe Martens.

The value of a patent lies in its exclusionary right, and claim construction establishes the extent of that right. For investors, entrepreneurs, and casual observers, claim construction may well be a mystery in the black box of patent valuation. Nevertheless, claim construction can be a predictable machination of law and fact whose outcome is profoundly influenced by thoughtful and well-implemented early stage strategy.

Even for experienced patent attorne...

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