Intellectual Property value is an increasingly important aspect of managing IP asset in the currently complex and ever changing business world. The three aspected valuation approaches and comments on their application in measuring IP. Who cares about IP Values? The following stakeholders are among those who need to ensure the accuracy of IP valuation: Banks [...]
The five requirements for obtaining a patent is: The innovation is patentable subject matter: In this new products such as toys, appliances, tools, medical devices,pharmaceutical drugs are included. New processes such as manufacturing processes or an industrial method or process. Software's, business method, and some type of biological materials are included. The non-patentable things are [...]
The written description requirement under section 35 U.S.C. 112,play two significant roles. first, it is used to define what constitutes the original filling, which is then used to determine whether or not you are late during prosecution trying to sneak content into application that is not supported by the original disclosure. You are not allowed [...]
History Patent systems and other monopoly have been used throughout Europe for hundred of years. The issue was so paramount to the U.S. Founding leaders that they included its basic description in the Constitution. One of the key principles of the patent system is to serve as an incentive for innovation. The incentive is created [...]
A Copyright owner' s right of distribution is limited by first sale doctrine, which is an exception to the Copyright Act. The first sale doctrine is a legal principle that limits the right to control content after a work has been sold for the first time. The first sale doctrine states that once a copyright [...]
A Patent is a propitiatory right granted by federal government pursuant to laws passed by Congress. Patents, which convey to the owner exclusive rights to the claimed invention, are granted to inventors who file an application with the United States Patent and Trademark Office (USPTO). There are three types of patents available in Unites States 1) Utility Patent which covers [...]
