What To Do With A Patent?
Some patent owners struggle in their decision of what to do with their patent. If the patent owner is not already a company that practices the invention, the patent owner may be able to generate value by licensing the patent for future use, asserting the patent to retrieve damages for past use, or creating a company or product based on the patent.
SawStop took the last approach. According to its web site, the company owns dozens of patents on its innovative technology for stopping table saw blades upon contact with flesh. It has patents in the U.S., China, and India.
I have to admire an inventor who puts his own wellbeing at risk to demonstrate his invention. See this YouTube video of a Discovery Channel segment on his invention:
http://www.youtube.com/watch?v=E3mzhvMgrLE&feature=player_embedded
