The Business of Inventing with Bjorn J Gruenwald
Bjorn Gruenwald is an inventor and businessman. He established Advanced Computer Applications, Inc. in 1982, and is also CEO of InMentia - a small but advanced technology firm. Like many other modern day inventors his work is in the field of computers and data systems. In developing innovative new ways in which to handle big data. For the past three years this has been his focus, and has lead to the growth of his reputation as a strong influence within the world of systems technology. Inventors must always work in the aim to solve problems by thinking outside of the box, and it is certainly something that Gruenwald has strived to do throughout his career.
Having long sustained a fascination with the processes of information control in software, Bjorn Jens Gruenwald earned an cross disciplinary Doctorate of Philosophy in Systems Engineering, Bioengineering, and Medicine. While the knowledge and skills lead him to this career path, it is his business know how that will ultimately make him a success. It is vital for any inventor to patent their ideas wherever necessary, and InMentia currently owns several patents. They are the only thing that will provide exclusive rights on the use of the invention, for twenty years after application date. This makes the product far more marketable and profitable, reducing competition and proving worth and value. For Bjorn Gruenwald, the creation of the Hilbert Engine demanded protective rights so as to prevent copying.
Bjorn Gruenwald also did this because in the long run it means a much higher return on the investment. Having already invested a substantial amount of time and energy on the invention, it is important to commercialize the product. These rights can then be sold or licensed on to another enterprise, if you wish, which can also prove a lucrative venture. In terms of negotiating business deals, a patent portfolio increases bargaining power. There is the possibility of course of trading intelligence's by way of patents with other enterprises.
For Bjorn Gruenwald, keys for invention success of course lie in having a meticulous knowledge in the areas of expertise, but also in having the business sense in order to profit from that. A good patent portfolio puts a positive image on the business, and demonstrates levels of capability that will not allow system advancements to be compromised.














