Professional Documents
Culture Documents
Flow of Presentation
What is IP ? Methods of IP What is Patent ? Patentable Inventions Procedure of Patenting Benefits Different Strategies How to Deal With Competitors ? Damages For Infringement Example of Patent
Methods of Protecting IP
Contracts
Copyrights
Trademarks
Trade Secrets Patents
What is a Patent?
Monopoly Granted by government authority Limited exclusive privilege that the law allows a patentee in his own invention Patent is tool of developing nation
Purpose Of Patents
Patents provide library of organized technical information that others may learn from and improve upon Patent system encourages publication of new scientific and engineering work which can be used to inspire, educate, or inform others to make improvements or new developments
Patents- Examples
Patentable Inventions
A patent can be granted for an invention which may be related to any process or product. The word Invention has been defined under the Patents Act 1970 as amended from time to time. An invention means a new product or process involving an inventive step and capable of industrial application New invention is defined as any invention or technology which has not been anticipated by publication in any document or used in the country or elsewhere in the world before the date of filing of patent application with complete specification, i.e. the subject matter has not fallen in public domain or that it does not form part of the state of the art;
Patents
Protects implementation of technical ideas
Article of Manufacture (e.g., light bulb) System (e.g., cell phone) Process (e.g., process of making or using) Microwaving Food (Spencer) Search engine (Google) 1-click purchase (Amazon)
Types of Patents
Utility Patent Design Patent Plant Patent
Grant and sealing of patent Submission of typed copy of specification Publication in the official journal
Patent Procedure
Patents
Relatively expensive to obtain
Initial filing ~$8,000 - $12,000 Prosecution ~ $10,000+
Commercial Benefits
Exclusivity Monopoly Pricing Licensing
Patents- Duration
20 years from filing once it dies, its dead
but: continuation-in-part applications
Patent Strategies
Aggressive/Licensing strategy Patent everything Expensive up front, but ensures that you cover everything and eventually provides a revenue stream. Blocking strategy Patent technologies your competitors might use Moderate costs but provides essential protection and crosslicensing opportunities if you can identify the key technologies. Defensive strategy Only patent key technologies Lower initial costs, but you risk missing key technologies.
Example: Apple
Patented Technology
Apple holds over 7,000 patents
Patented Technology
Apple has >200 Patents related to Multi-Touch Technology
Visual Indicators Technology
Input Technology