Alexander I. Poltorak

Alexander I. Poltorak
Born 1957
Krasnodar, Russia
Education Theoretical Physics, Kuban State University
Occupation CEO of General Patent Corporation, Managing Director of IP Holdings LLC, President of American Innovators for Patent Reform
Notable work Essentials of Intellectual Property, Essentials of Licensing Intellectual Property
Website http://www.poltorak.com/

Alexander I. Poltorak (born 1957) is a Russian-born American author, entrepreneur, physicist and scholar. He co-authored two books on intellectual property: Essentials of Intellectual Property and Essentials of Licensing of Intellectual Property, both published by John Wiley & Sons. He is the founder, Chairman and CEO of General Patent Corporation (GPC), an intellectual property firm focusing on patent licensing and enforcement. He is also the founder and President of American Innovators for Patent Reform, a non-profit trade association representing inventors and other stakeholders in the debate over the future of the U.S. patent system. Dr. Poltorak is a member of the IAM (Intellectual Asset Management) Strategy 250 – The World’s Leading IP Strategists.[1] Dr. Poltorak has been interviewed by CNN,[2] Wired.com,[3] Inc. magazine,[4] CFO Magazine,[5] InstitutionalInvestor.com, WallStreetReporter.com,[6] The New York Times,[7] Bloomberg TV[8][9] and several others, for his input as well as perspective on patent related news. He has been extensively quoted in publications such as Wall Street Journal,[10] EE Times Article,[11] the IAM Magazine[12] and various other news media.[13]

Early life

Alexander I. Poltorak was born in 1957 in Krasnodar, Russia, the former Soviet Union. He earned a graduate degree in Theoretical Physics – the equivalent of a Ph.D. in the United States – at Kuban State University (Kubanski Gosudarstvennyi Universitet). He devoted his academic studies to Einstein’s theory of relativity and gravitation. Poltorak published several research papers in this field and wrote his doctoral thesis on a solution to a long-standing “energy problem” in The Theory of General Relativity. [14]

Accused by the Soviet government of Jewish nationalist dissident activity, Poltorak was stripped of his academic degrees. In 1982 he immigrated to the United States.[15] He served as an assistant professor of biomathematics at Cornell University Medical College, where he conducted research on mathematical modeling of brain-flow circulation and on positron emission tomography. He also served as an assistant professor of physics at Touro College and as an adjunct professor of law at the Globe Institute of Technology. Poltorak served as the United States co-chair of a Subcommittee on Information Exchange of the US-USSR Trade and Economic Council.[16]

General Patent Corporation

In 1983 Poltorak founded Rapitech Systems, Inc., a computer technology company he took public in 1986. In 1987, he formed Poltorak Associates, a patent licensing company and a predecessor of General Patent Corporation (GPC) which was incorporated in 1989.[17] GPC was selected by Marketing Computers Magazine as one of “Nine for the Nineties” – one of the nine most promising technology companies for the 90s.[18] Dr. Poltorak serves as Chairman and CEO of General Patent Corporation.

IP Holdings LLC

Main article: General Patent Corporation (section IP Holdings LLC)

In 1990, Poltorak founded IP Holdings LLC, an IP-Centric merchant banking organization, and serves as its Managing Director. IP Holdings provides IP-related financial and brokerage services, operates an idea incubator and manages portfolio of early-stage IP-rich companies. [19]

American Innovators for Patent Reform

Alexander Poltorak is founder and President of American Innovators for Patent Reform (AIPR), a not-for-profit coalition of inventors, patent owners, researchers, engineers, entrepreneurs, corporate executives, patent agents and attorneys, and others involved in creating or protecting innovation and advocating for stronger patent protection.[20]

AIPR was founded when the Patent Reform Act of 2007[21] was introduced in Congress. The 2007 Patent Reform Act failed to pass in the Senate. AIPR also opposed the Patent Reform Act of 2009.[22]

Scholarly Research and Writings

Dr. Poltorak is a public speaker and writer, and a recognized expert on physics and IP strategy and valuation through his published articles, lectures and research on physics, brain research, economics, intellectual property law, science and religion.

He co-authored (with Paul J. Lerner) two influential books on intellectual property law, Essentials of Intellectual Property and Essentials of Licensing Intellectual Property. Essentials of Intellectual Property is a primer about patents and other types of intellectual property and how intellectual capital should be properly managed as a valuable asset.[23] Dr. Poltorak's first book, Essentials of Intellectual Property First Edition,[24] has been re-released in a Second Edition in 2011.[25] Essentials of Licensing Intellectual Property is a how-to-book for intellectual property licensing, licensing strategies, royalties and royalty rates, patent, trademarks and copyright licenses, and basic contract law.[26] Poltorak contributed the chapter “On Patent Trolls and Other Patent Myths” to Making Innovation Pay: People Who Turn IP Into Shareholder Value, edited by Bruce Berman.[27]

Books

Media

References

  1. IAM Strategy 250 - The World's Leading IP Strategists IAM Magazine
  2. CNNFn, "Dr. Alexander Poltorak on Patent Law" (2002) on YouTube
  3. Interviewed by Wired.com
  4. Inc. magazine writer Jeff Haden interviewed Alexander Poltorak for an extensive article on protecting intellectual property, whether by trade secrets or patents. Dr. Poltorak discusses what inventors and business owners can do to enforce their IP - and when it's time to call in the experts.
  5. CFO Magazine, "Battling the Property Pirates," January 2004, by Ronald Fink - Article in which Dr. Poltorak is quoted about protecting American IP interests abroad
  6. Transcript of Alexander Poltorak's Radio Interview with the Wall Street Reporter, (2000)
  7. The New York Times, "Trying to Cash In on Patents" by Teresa Riordan, June 10, 2002: Dr. Poltorak discusses the patent licensing and enforcement business.
  8. Transcript of Alexander Poltorak's Radio Interview with Bloomberg TV, (2000)
  9. Bloomberg TV Video Interview, "Dr. Alexander Poltorak Predicts 'Patent War' from Nortel Patent Auction"
  10. GPC's Alexander Poltorak was quoted in a Wall Street Journal article, "Paul Allen's Lawsuit Renews Patent Debate,"
  11. Alexander Poltorak quoted in EE Times article, "Patent Pangs" by Margaret Quan, (2001)
  12. AM (Intellectual Asset Management) Magazine, Feb./March 2004 issue - "Prickly Profits," by Bruce Berman (excerpt) - Dr. Poltorak is quoted discussing the patent system's fairness or unfairness to small inventors.
  13. Media coverage
  14. The Seventh Miami International Conference on Torah & Science Biographies Archived April 30, 2009, at the Wayback Machine.
  15. "Patent Sheriff and Friend of the Infringed" (Niche-Players.com)
  16. "Living the American Dream" (Patents R Us: Information and Services for Inventors and Patent Owners)
  17. "Patents; Licensing boutiques help inventors with patent claims against big companies (Teresa Riordan, New York Times, June 10, 2002)
  18. “Poltorak’s Business Incubator” (Donna Tapellini, Marketing Computers, Dec. 1989, p. 29)
  19. "DTL Settles Lawsuit with Cingular and AT&T Mobility, and Licenses Key Cell Phone Patent: General Patent Corporation Acts as Licensing Agent" (Patent Infringement News, March 12, 2008)
  20. "American Innovators for Patent Reform Joins the Small Business Coalition on Patent Legislation" (Marketwire, January 12, 2010)
  21. Text of “Patent Reform Act of 2007
  22. Text of the Patent Reform Act of 2009
  23. Essentials of Intellectual Property, Alexander I. Poltorak and Paul J. Lerner, John Wiley & Sons (2002)
  24. http://www.amazon.com/dp/0471209422
  25. http://www.amazon.com/Essentials-Intellectual-Property-Economics-Strategy/dp/0470888504
  26. Essentials of Licensing Intellectual Property, Alexander I. Poltorak and Paul J. Lerner, John Wiley & Sons (2003)
  27. Making Innovation Pay: People Who Turn IP Into Shareholder Value, edited by Bruce Berman, John Wiley & Sons (2006)
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