Patents. They allow an individual to own their own invention. An inventor is normally thought of as someone in the world of science, but this is not always true. Is John Pemberton, the man who created coca cola not considered an inventor? Inventors are everywhere around us from chemists looking to make the next coca cola to engineers trying to optimize the production of a substance, but what happens if someone were to try and steal another’s invention and take credit for it, that is where a patent comes into play. A patent is defined as “[a] government authority or licence conferring a right or title for a set period, especially the sole right to exclude others from making, using, or selling an invention” (Oxford Dictionary). Patenting has…
NO regulation on Patent Trolls A patent troll is a person or a company which uses its patent to sue other people or companies for money. Normally, the patent trolls which also known as NPEs (non-practicing entities) or PAEs (patent assertion entities) do not produce offer products or services with their patents. They just retain their patents. Recently, Hyundai, which is the South Korea’s vehicle company, has been struggled with a Paice, which is the U.S.’s company. The Paice is a notorious NPE…
According to the required readings, (Findlaw, 2015) "A patent permits a patentee to exclude others from making, selling, or using the patented invention and from importing the patented invention or an article made by a patented process into the United States". Based from my findings from the "Readings ", Utility patents provide protection for useful inventions, which may be processes, machines, articles of manufacture, or compositions of matter. Its logical that Jimmy applies for a Utility…
Patents: A patent is a type of intellectual property granted by the federal government to a scientist or an organization that invented a new device, software, process, etc. to exclude others from the right of making, selling, or using an invention for the term of the patent as many as 20 years. The patent should be completely new, which is not obvious to the scientists of the same level and should have an immediate use for public. Also patents cannot be from the nature and world physical laws.…
to technical problems. During this process, some engineers decide to file a patent application. A patent is a legal document issued by the federal government that provides protection for an idea. The patent allows engineers to prevent others from making, using, or selling their patented invention. Patent can tell the story of the invention in a way that someone could make the invention using only the patent as a guide. The term of a patent is 20 years from the date on which the patent is issued.…
During the past years biotechnology have been vastly developed and gene patent plays a big role in the society. So what is gene patent? Gene patent is the exclusive right to a specific sequence of DNA given by the government to an individual or organization that claims to have first identified the gene. Once granted a gene patent, the holder of the patent dictates how the gene can be used for 20 years from the date of the patent. Right now, gene patent is used in many companies for research…
1. Introduction Patent law is used to restrict and prevent others from using an invention, giving the owner exclusive rights for a certain period of time. Per s 18 of the Patent Act 1990 (“the Act”), a standard patent has four requirements. The focus of this essay will be on s 18(1)(d), ‘secret use’. The rationale behind this is to effectively prevents a patentee from extending the monopoly date. If secret use is breached before patenting, patentability may be destroyed. However, the…
When people think of the patents they automatically think protection. A closer examination of patents connected to the field of software indicates that companies are abusing patents, which demonstrates an undermining of the integrity of patent law. Currently many powerful companies retain a great quantity of patents and this is leading to an unfair situation in the software world. One person can hold a patent and this prevents other from creating something even better if it is remotely seen as…
Patent Troll Introduction (Kirubael) The word "Troll" represents individuals who like to cause problems, arguments, or just make people upset. A Patent troll is a term applied to a company or person who is trying to "enforce patent rights against accused infringer's in an attempt to collect licensing fees but do not manufacture the supply" (1). The main function of a patent troll is not to produce or sell items but just to convince third parties to purchase a license. There are two main types…
What Is a Patent Keyword Search? A patent keyword search is an early step in the process of applying for a patent. Applying for a patent takes a lot of time and money. And you can only get a patent for an invention no one has thought of before. So by doing a patent keyword search, you get a good sense of whether your invention can be patented or a competing patent already exists. It is important to remember that just because you have never seen something like your invention, that does not mean…