John Cronin is Managing Director and Chairman of ipCapital Group, Inc. ("ipCG"), an intellectual property consulting firm. Mr. Cronin founded ipCG in 1998 and is also CEO of ipCreate Inc., a world class market driven "White Hat" invention company.
ipCG represents the largest IP strategy consulting team in the world. Capitalizing on a lifelong study of creative and inventive thinking processes, business strategy development, and transaction negotiations, Mr. Cronin has created a unique consulting ipCapital SystemTM Methodology. This methodology includes powerful data driven IP Strategy processes which lead to a full Intellectual Asset Management program (IAM). This program provides ipCG clients with unique IP Creation Services for invention extraction, creation and documentation, along with world-class IP Valuation, licensing and transaction processes. The ipCapital System Methodology provides for extraction and documentation of inventions, identifying opportunity and risk, driving transactions to completion, and creating significant market value from IP.
Mr. Cronin has worked with over 750 companies and approximately 15% of the Fortune 500, hundreds of mid-size companies and hundreds of startups and governmental laboratories. Over the years, he has become a respected thought leader among executives who wish to align business issues with IP and translate strategies into actionable financial results. Mr. Cronin has inspired and trained thousands of engineers and scientists in the best practices of "how to invent."
Prior to forming ipCG, Mr. Cronin spent over 17 years at IBM and became its top inventor with over 100 patents and 150 patent publications. He created and ran the IBM Patent Factory, which was essential in helping IBM become number one in US patents, and lead the team that contributed to the startup and success of IBM's licensing program.
Mr. Cronin is also CEO and Executive Chairman of ipCreate Inc., founded in 2012. ipCreate leverages the ipCapital System Methodology with inventors and experts, to create rapid, high-quality and relevant portfolios for their partners, typically producing 100 patent applications in 100 days. Partners purchase the patents to obtain new product directions, innovations and IP positions in areas in which that they cannot create fast enough. IpCreate, Inc recently purchased Article One Partners to help improve the quality of the inventions of ipCreate and to help further leverage Article One Partners’ position in the marketplace.
Mr. Cronin is also on the Board of Directors of HopTo and Imageware. He holds a B.S. (E.E.), an M.S. (E.E), and a B.A. degree in Psychology from the University of Vermont.
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