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Patent strategy for entrepreneurs growing a business

Schell IP helps entrepreneurs evaluate patent opportunities across new products, improvements, and acquired technology. For an established business, the question is often how patent work supports the next growth decision and which assets still matter to the products customers buy.

Business team discussing growth and product strategy

Photo: Redd Francisco / Unsplash

You may be entering a new category, replacing an aging product, licensing technology, or considering a complementary acquisition. Each decision benefits from a clear view of the technical advantage, existing rights, and work needed to investigate the opportunity.

Review the portfolio against the product line

We can help connect existing applications and patents with the products and development projects they relate to. That makes it easier to identify gaps, discuss filing priorities, and evaluate whether additional improvements deserve attention.

For a business exploring licensing or a patent acquisition, the analysis starts with the actual rights and their commercial relevance. A large patent count alone says little about the fit between the portfolio and the opportunity.

Put practical business questions first

  • Which improvements could support the next product release?
  • Which patent assets remain relevant to current revenue or development?
  • What ownership, licensing, or third-party patent questions need review?
  • How should patent spending track the company's expansion priorities?

Common questions

Can an improvement to an existing product merit patent review?

Yes. A specific improvement can be worth evaluating even when the basic product is familiar. Patentability depends on the details and prior art.

Should we keep every patent in the portfolio?

Review ongoing costs alongside product relevance, business plans, and potential licensing value. The answer may differ across assets.

Can patents support licensing revenue?

Licensing can be one route to commercialization. Commercial demand, claim coverage, enforceability, and deal terms all affect the opportunity.

Discuss the next stage of your business

Book a Free Consultation to connect patent priorities with a product expansion, licensing opportunity, or portfolio review.

Jeff Schell, patent lawyer and founder of Schell IP

Meet patent lawyer Jeff Schell

Jeff Schell is a patent lawyer and entrepreneur who helps entrepreneurs and growing businesses obtain and defend patent rights for their product portfolios. He connects patent strategy with product development, commercialization, and business priorities.

Based in Denver and Boulder, Colorado, Jeff is the founder of Schell IP, which is part of Whiteford, Taylor & Preston, LLP.

Meet Jeff Schell

Please share only a general description and your timing. Do not submit confidential invention details through this website. A consultation request does not by itself establish an attorney-client relationship.

Book a free patent consultation.

Learn how the entrepreneurial experience and legal expertise of patent lawyer Jeff Schell provides highly unique advantages for our clients.