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Patents--Overview By Saul Aguilar
E=mc2 by Einstein??
What is a “Patent?” Apatent (pronounced /ˈpætənt/ or /ˈpeɪtənt/) is a set of exclusive rights granted by a state (national government) to an inventor or their assignee for a limited period of time in exchange for a public disclosure of an invention.* *Source: Wikipedia
What does that mean?!
Overview Define it some more! Anyone who invents or discovers any new and useful process, machine, article of manufacture, or composition of matter, or any new and useful improvement thereof.* Exclusions In certain countries, business methods and mental acts.  (See Bilski case) *Source: Wikipedia
Types of Patents Utility  Biological Recombinant DNA Business Methods (excluded in some countries) Chemical Software (hot topic)
So what? A patent is not a right to use said invention. Excludes other from: making, using, selling, offering for sale, or importing the patented invention for the term of the patent. Basically: Patents are limited property rights.   It may be sold, licensed, mortgaged, assigned or transferred, given away, or simply abandoned. Patents cannot be exploited—Mouse trap design
Enforcement Patents can only be enforced by civil lawsuit. France and Austria are the exceptions. Inventor will seek compensation for infringement.  Must establish at least one claim of the patent is being infringed upon.
Patent Licensing Patent licensing agreements: Contracts in which patent owner forgoes right to sue a licensee. Done in return for royalty or compensation. Companies cross-license License to each other Share benefits
How do I get one of those? Must apply at a relevant patent office. Some countries require “best mode” How will it help Use drawings Application includes one to two claims. Patent must meet Patentability requirements.
But…why? Four main incentives behind the patent system: to invent in the first place to disclose the invention once made to invest the sums necessary to experiment, produce and market the invention to design around and improve upon earlier patents
Criticisms Being granted to “already-known” inventions. Conferring a “negative-right” upon the patent owner Patents may hinder innovation: Patent trolls Pharmaceutical patents
Thank you Any questions?

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Patents 101 w/ Saul Aguilar

  • 3. What is a “Patent?” Apatent (pronounced /ˈpætənt/ or /ˈpeɪtənt/) is a set of exclusive rights granted by a state (national government) to an inventor or their assignee for a limited period of time in exchange for a public disclosure of an invention.* *Source: Wikipedia
  • 4. What does that mean?!
  • 5. Overview Define it some more! Anyone who invents or discovers any new and useful process, machine, article of manufacture, or composition of matter, or any new and useful improvement thereof.* Exclusions In certain countries, business methods and mental acts. (See Bilski case) *Source: Wikipedia
  • 6. Types of Patents Utility Biological Recombinant DNA Business Methods (excluded in some countries) Chemical Software (hot topic)
  • 7. So what? A patent is not a right to use said invention. Excludes other from: making, using, selling, offering for sale, or importing the patented invention for the term of the patent. Basically: Patents are limited property rights. It may be sold, licensed, mortgaged, assigned or transferred, given away, or simply abandoned. Patents cannot be exploited—Mouse trap design
  • 8. Enforcement Patents can only be enforced by civil lawsuit. France and Austria are the exceptions. Inventor will seek compensation for infringement. Must establish at least one claim of the patent is being infringed upon.
  • 9. Patent Licensing Patent licensing agreements: Contracts in which patent owner forgoes right to sue a licensee. Done in return for royalty or compensation. Companies cross-license License to each other Share benefits
  • 10. How do I get one of those? Must apply at a relevant patent office. Some countries require “best mode” How will it help Use drawings Application includes one to two claims. Patent must meet Patentability requirements.
  • 11. But…why? Four main incentives behind the patent system: to invent in the first place to disclose the invention once made to invest the sums necessary to experiment, produce and market the invention to design around and improve upon earlier patents
  • 12. Criticisms Being granted to “already-known” inventions. Conferring a “negative-right” upon the patent owner Patents may hinder innovation: Patent trolls Pharmaceutical patents
  • 13. Thank you Any questions?