Andrew W Carter

Title: Andrew W Carter: Innovator in Intellectual Property and Risk Management

Introduction:

Andrew W Carter, hailing from Chicago, IL (US), is an accomplished inventor and expert in the field of intellectual property and risk management. With a total of 3 patents to his name, Carter has made significant contributions in developing methods and systems for utilizing intellectual property assets and managing risks associated with patent coverage. Let's delve deeper into his latest patents, career highlights, and collaborations.

Latest Patents:

1. Methods and Systems for Utilizing Intellectual Property Assets and Rights:

Carter's groundbreaking patent focuses on leveraging intellectual property assets to generate income. The method involves acquiring rights in an intellectual property asset from a seller on behalf of a patent investment entity, granting partial rights to the seller in exchange for periodic payments, and utilizing residual rights to generate income for the patent investment entity. This innovative approach revolutionizes the way intellectual property can be monetized and managed.

2. System and Method for Managing Intellectual Property-Based Risks:

Carter's second patent addresses the management of an entity's exposure to damage awards in patent litigation. The patent introduces methods and systems for conducting pre-emptive analyses to minimize risks, properly allocating funds for royalty payments and damage awards, and establishing an insurance captive as a risk management tool. This inventive solution provides manufacturers with effective risk mitigation strategies, safeguarding them against excessive damage awards.

Career Highlights:

Andrew W Carter currently works at Ocean Tomo, LLC, a leading intellectual property consultancy and merchant bank. In his role, Carter applies his expertise to assist clients in effectively managing their intellectual property portfolios, maximizing value, and minimizing risks. Carter's innovative ideas and extensive knowledge have earned him a reputation as a reliable resource in the field.

Collaborations:

During his career, Carter has had the privilege of collaborating with notable individuals in the industry. Notably, he has worked closely with Robert J Block and James E Malackowski, who share his passion for innovation and intellectual property. These collaborations have undoubtedly enriched his understanding of the field and furthered his contributions to the industry.

Conclusion:

Andrew W Carter's contributions to the field of intellectual property and risk management are undeniably significant. Through his inventive patents, he has introduced novel methods and systems for utilizing intellectual property assets to generate income and minimizing risks associated with patent litigation. His career at Ocean Tomo, LLC, and collaborations with esteemed individuals have further cemented his position as a trusted innovator in the industry. Carter's intellectual prowess continues to shape the future of intellectual property management and risk mitigation.