Intellectual Property

Your Invention – Commercially Exploit It with the Right Intellectual Property Lawyers

Once your intellectual property has been adequately protected, it is time to ask your intellectual property lawyers about the choice of routes to you can take to exploit the commercial potential of your development.

It’s not always necessary to take the task on single-handed, as there are several ways in which you can harness the skills and expertise of others to help make your product a marketable proposition. And one option to consider is a franchise or distributorship, which will allow the technical expertise of the inventor to be matched with the investment of the franchisee and in combination, take the concept to market.

This arrangement suits physical goods, services and also rental businesses. In these situations, the two parties are entering into effectively a partnership, where one supplies the brand and the know-how, and probably some marketing support, while the other provides the manpower on the ground to sell and deliver the goods or services. Read more...

How IP Lawyers Use Patents to Protect Intellectual Property

Protecting your IP is extremely important. If you have a new and individual invention then it is worth seeking the advice of an IP lawyer to find out if you can patent this. A patent is a registration document which prevents others from copying the invention without your permission and thus restricts it commercial benefits to you.

According to the World Intellectual Property Organisation, an invention is “a solution to a specific problem in the field of technology”, which may be a product or a process. Normally a patent remains valid for up to 20 years (depending on renewal) after this period others then become able to commercially benefit from it.

By owning a patent, an organisation simply has the right to prevent others exploiting the idea or concept which has been described in that patent. There is no onus on them to manufacture products themselves, but of course if they fail to fully exploit the commercial benefit of the invention, during their “lock out” period, then it is their loss. Read more...

Start-ups, Patents, and Intellectual Property

All too often, start-ups become enamored with obtaining patents and protecting their intellectual property. This stems from investors stressing the creation of assets and corporate value. It’s rare to find a technology start-up that is not quick to mention their intellectual property portfolio. Start-ups should stop and consider whether it is really applicable to their company and if so, when they should consider such a strategy.

Patents prevent competition and the unauthorized use of their technology. But not everything is patentable or should be patented either. Unless a start-up is well funded, it’s not likely to spend the large funds needed for patents. The total cost of a patent can be $25,000 to $30,000. Patents are only worth as much as one’s willingness to enforce them, which may be too costly for a small company and can result in a very lengthy and time consuming legal battle. There are law firms that specialize in buying the intellectual property of failed start-ups and look for companies to litigate against for infringement. Read more...

Benefit Your Business – Protect Your Intellectual Property

If you have created a new way of doing something, whether this is manufacturing products, new software or a business process, then you should consider protecting this new idea from others who may wish to use it for free.

It is a good idea to retain an intellectual property lawyer you will advise you on the best ways to use the law to protect your new idea and the man hours that you have put in to it. It may be that you can patent your idea, as vacuum cleaner magnate James Dyson has done successfully. Dyson’s company has registered dozens of patents covering innovations in cyclonic air handling technology, and developments to electric motors. Without having this patent, his ideas would have been copied by other manufacturers and he would not have made anywhere near the same amount of money. Alternatively there are options to do with copyright or trademark registration, which may suit your business better and provide adequate protection for your needs. Read more...

Make a Good Choice – Don’t Risk Your Intellectual Property

Running a business those involved with a similar field keep close track of each other’s improvements for them to respond to revolutionary actions rapidly to be able to stay competing.

Observe how within the past few months or even years somebody innovatively created indicator repeaters that are affixed to the side mirrors. In addition to the decorating innovation, you will find possible security advantages, and also the lighting could be integrated within the mirror installation, instead of punched with the alloy belonging to the car or truck’s wing. In such a time the majority of makers have followed this particular pattern, and also people who produce less expensive automobiles. Read more...

Intellectual Property and Human Development: Current Trends and Future Scenarios

Product Description
This book examines the social impact of intellectual property laws. It addresses issues and trends relating to health, food security, education, new technologies, preservation of bio-cultural heritage, and contemporary challenges in promoting the arts. It explores how intellectual property frameworks could be better calibrated to meet socioeconomic needs in countries at different stages of development, with local contexts and culture in mind. Scenarios for the future are discussed. A resource for policy-makers, stakeholders, non-profits, and students, this volume furthermore highlights alternative modes of innovation that are emerging to address such diverse challenges as neglected or resurgent diseases in developing countries and the harnessing of creative possibilities on the Internet. The collected essays emphasize not only fair access by individuals and communities to intellectual property – protected material, whether a cure, a crop variety, clean technology, a textbook, or a tune – but also the enhancement of their own capabilities in cultural participation and innovation.
$47.41
Intellectual Property and Human Development: Current Trends and Future Scenarios

How Patent Registration Helped Dyson Use Intellectual Property to Defend His Unique Idea

The Dyson brand is now almost as well known as Hoover, and is virtually synonymous with innovation in vacuum cleaning as well as other household products.

Dyson’s success – the company now has more than a third of the UK market for vacuum cleaners – has not been without conflict. One major factor in its advance has been make sure that its product innovations – in combination, the company’s intellectual property – were carefully protected.

Legend has it that James Dyson was inspired by the air extractor at a coating plant, and used this inspiration to create his famous cyclonic vacuum cleaner. The initial frustration that made him look for a new idea was how the efficiency of his regular vacuum cleaner decreased as dust filled its bag. Read more...

Analogy of a Flock of Birds to Innovation and Intellectual Property Challenges

When watching local bird flocks you can see right away that they are much different than migrating bird flocks, as the migrating birds fly in a straight line. It’s hard to say why the birds fly together in formation in local flocks and seem to challenge each other for who will lead the formation, but it seems that is what they are doing. With long-distance migrations it’s obvious they do this for the aerodynamic advantage.

Now then, I’d like to take this analogy and propose a thought to you. I’d like you to sit back and think about it for a moment as I compare this to the innovations and changes in any given industry, as the industry leaders jockey to position with new innovations, research and development, and other companies follow them. Occasionally, the industry has a pretty good idea where it is going in the future, but it does not know exactly how to get there – or the exact intended destination – only that it will eventually get there. Read more...

How IP Solicitors Can Help You Enforce Your Intellectual Property Rights

When you have spent a lot of time and money creating something which is original and new an IP lawyer can help you protect this from others. Looking after your intellectual property (or IP) rights will give you the option of legal recourse against any 3rd party using your creation without your permission.

‘But, what happens if I don’t want to use my invention?’ you might well ask. It’s still a good idea to get legal advice from specialist IP Solicitors and get it registered. You are able to sell this to another person and then subsequently purchase a license from them. This will look after your interest incase you want to use in the future. Or, you could keep control of your IP and just license other people to use it. Read more...

Drug Discovery Collaborations between Academia and the Pharmaceutical Industry: Cultural factors, intellectual property considerations, case studies

The pharmaceutical and biopharmaceutical industries are engaged in a business environment which is witnessing a dramatic escalation of R&D costs, key patent expiries, and sustained high attrition rates for new molecules in development.

In response, pharmaceutical companies have recognized the need to expand the range of creative stimuli for their research processes in order to reinvigorate their drug discovery pipelines. Consequently the industry has sought to develop external collaborations not only with other companies but also more frequently with academia, to obtain access to new technologies to enhance their drug discovery capabilities and to in-license candidates for further development. Indeed, collaboration is becoming an essential component of today’s drug discovery efforts and it is commonly undertaken with multiple partners through an often iterative, continuous, and long lasting process, which adds to the complexity of efficiently managing both the collaboration itself and the data generated. Read more...

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