A startup company (startup or start-up) is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing or offering an innovative product, process or service. A startup is usually a company such as a small business, a partnership or an organization designed to rapidly develop scalable business model. Often, startup companies deploy technologies, such as Internet, e-commerce, computers, telecommunications, or robotics. These companies are generally involved in the design and implementation of the innovative processes of the development, validation and research for target markets. While start-ups do not all operate in technology realms, the term became internationally widespread during the dot-com bubble in the late 1990s, when a great number of Internet-based companies were founded.
Innovative start-ups, multinational corporations, and other IP-driven organizations turn to HULSEYIP for guidance when considering their IP options. We work with each client’s business, legal, and technical staffs to develop IP portfolios that align with their business objectives. Our legal and technical experience allows us to tailor programs to the specific needs of our clients. We assess existing and developing portfolios to ensure that business plans are built on and around products based on strong IP protection that avoid infringement. This often entails identifying and prioritizing assets with recommendations to license technologies or sell marginal assets to generate revenue, to donate or even abandon assets to reduce costs, and to identify acquisitions to strengthen or expand an existing portfolio.