Digital innovation is giving rise to new business models. Uber and Airbnb are household names today, when not so long ago we were all learning about the sharing economy. The regulations don’t always evolve as quickly as technological change — at least that’s the perception. So what should policy makers and regulators do? Wharton legal studies and business ethics professor Kevin Werbach recently shared his … [ Read more ]
Content: Multimedia Content | Author: Kevin Werbach | Source: Knowledge@Wharton | Subjects: Innovation, Legal
Cooley, one of the top startup law firms, has open sourced the legal documents required to do a Series Seed or Convertible Note financing.
Content: Online Resource | Source: Cooley Godward | Subjects: Entrepreneurship, Free Stuff / Tools, Legal, Venture Capital
The Canadian telecom giant transformed its business by adopting a clear, stable approach to strategy and culture.
Content: Case Study | Author: John Izzo | Source: strategy+business | Subjects: Industry Specific, Legal, Management | Industry: Telecommunications | Company: Telus
IP management now goes well beyond protecting one’s inventions. For instance, patent filings can be used as a very important sensing mechanism. A disciplined program of monitoring and reviewing filings that have the potential to be relevant to one’s space enables companies to stay on top of emerging threats and identify trends. … IP-related activities were historically used for protecting your own products and services; … [ Read more ]
Content: Quotation | Source: Deloitte Review | Subjects: Intellectual Property, Legal
In his recent book, Business Persons, a Legal Theory of the Firm, Wharton professor of ethics and legal studies Eric W. Orts answers the question: Are corporations “people?” In this Knowledge@Wharton video interview, Orts explains why corporations should be treated as “persons” in some — but not all — instances.
Content: Multimedia Content | Author: Eric W. Orts | Source: Knowledge@Wharton | Subject: Legal
In the passionate rush it takes to get a startup to market, legal issues can often be overlooked. Here are some things to consider if you want to optimize the trajectory of your startup.
Content: Article | Author: Conner Forrest | Source: TechRepublic | Subjects: Entrepreneurship, Legal
Technical standards both spur innovation and protect the innovators, but abuses in the intellectual property protection system threaten US competitiveness. Josh Lerner and Jean Tirole discuss remedies.
Content: Article | Author: Carmen Nobel | Source: Harvard Business School (HBS) Working Knowledge | Subject: Legal
Unless you have truly fundamental inventions that no one else can copy, you need both [intellectual property rights and dynamic capabilities]. Strong intellectual property protection, in itself, will only help you on the first round of innovation. During that time, you can rent other people’s complementary capabilities. But sooner or later, you’re going to get copied, so you’ve got to move quickly to build the … [ Read more ]
Content: Quotation | Author: David J. Teece | Source: strategy+business | Subjects: Innovation, Intellectual Property, Management, Strategy
Docracy is an open collection of legal contracts. It also offers a comprehensive solution for having the documents verified and signed online.
Content: Online Resource | Subjects: Entrepreneurship, Free Stuff / Tools, Legal
How companies can battle five types of counterfeiters.
Content: Article | Source: strategy+business | Subject: Legal
Entrepreneurship is widely recognized as one of the most important drivers of economic growth. But it’s also risky: The majority of new ventures fail, and many end in bankruptcy. Given that track record, when entrepreneurs consider a new international market, they regularly weigh such factors as logistics and differences in cultural attitudes and financial regulations.
But according to this paper, business owners would do well to … [ Read more ]
Content: Article | Source: strategy+business | Subjects: Entrepreneurship, Legal
It’s a good idea for small business owners to put agreements in writing. Here are three agreements that you should definitely consider getting in writing.
Content: Article | Author: Barbara Weltman | Source: OPEN Forum (American Express) | Subjects: Legal, Small Business
An entrepreneur with a term sheet for investment has a range of decisions to make. Among the most important is which points to negotiate and which points to leave alone. You cannot negotiate every point or you will (a) drive away the investor and (b) fail to concentrate your firepower on terms that do matter.
Content: Article | Author: Guy Kawasaki | Source: OPEN Forum (American Express) | Subjects: Entrepreneurship, Legal
Looking for venture capital? Don’t be so quick to sign on the dotted line. Here’s what you need to know about liquidation preferences and preferred stock.
Content: Article | Author: Darren Dahl | Source: Inc. Magazine | Subjects: Entrepreneurship, Legal
A decade ago, a company would need to raise a couple of million of dollars to create a new product and effectively bring it to market. Today that amount is dramatically smaller. The advent of cloud computing, open source software, platforms with APIs, and numerous other changes have lowered the cost of launching a new enterprise. For this reason, startup companies are … [ Read more ]
Content: Online Resource | Author: Ted Wang | Subjects: Entrepreneurship, Legal
I know that proper use of trademarks and service marks gets confusing for many entrepreneurs. The following is a simple and handy guide on the proper use of the marks in your business. It’s important to review your website and marketing material and make sure that you are preserving potential legal protection for your marks
Content: Article | Author: Jill Hubbard Bowman | Source: IP Law for Startups | Subjects: Legal, Marketing / Sales
If you think that you and your employees may be creating valuable IP, it is well worth the effort to require good idea and invention record keeping — from the start.
Content: Article | Author: Jill Hubbard Bowman | Source: IP Law for Startups | Subject: Legal
David Cohen, founder of TechStars, and Brad Feld worked closely with Cooley Godward Kronish, LLP to put together a set of “Model Seed Funding Documents” that anyone can use. There are five primary documents in the set:
* Term Sheet
* Articles of Incorporation
* Subscription Agreement
* Election Consent
Of course, these are just example documents so all legal disclaimers about usage apply … [ Read more ]
Content: Online Resource | Source: Feld Thoughts | Subjects: Entrepreneurship, Legal
This tool will generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that we use internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture … [ Read more ]
Content: Online Resource | Source: Wilson Sonsini Goodrich | Subjects: Entrepreneurship, Legal
TechCrunch gives an overview of and link to a new basic term sheet for use by investors and founders, authored by Adeo Ressi, founder of The Funded, a site where people rate venture capitalists .
Content: Article | Author: Adeo Ressi | Source: TechCrunch | Subjects: Entrepreneurship, Legal