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Felix Tang Innovate LLP lawTechCamp
1. Lawyers | Patent and Trade-mark Agents
MaRS Centre, 101 College Street, #120E
Toronto, ON M5G 1L7
June 17, 2011
lawTechcamp 2011
An Open and Non-Traditional Analysis of
Intellectual Property Law
Felix Tang, B.A.Sc. (Eng. Sci.), M.A.Sc., LL.B.
Lawyer & Engineer
2. Goals
β Practical IP information and strategies
β i.e. βBusiness Strategy Drives IP Strategyβ
β Future issues to consider?
β i.e. Openness, Sharing, Our digital lives...
3. I. Business Goals
β Clearly understand your business goals
β Create value through innovation.
β How do you protect that value?
β Phase 1: IP Administration
β Creation of IP assets
β Phase 2: IP Management
β Creating economic benefits from IP
4. What is IP?
β IP protects the intangible assets of your
business
β Brand, inventions, software, know-how
β IP used to accomplish strategic goals
β Competitive advantage
β Tick IP box to get funding
β Jurisdiction β each country is separate
β How to select type of IP protection?
5. When?
β Now.
β Planning IP strategy now, prevents legal
problems that cannot be fixed later.
6. Types of IP
β Confidential Information
β Copyright
β Trade-marks
β Patents
β Industrial Designs
7. Patents
β What is a patent?
β New == novel; not in prior art
β Inventive != obvious
β Subject matter
β First to file (except US)
β Why get a patent?
β 20 year right to exclude others
β Monopoly for public disclosure
8. Patent Strategy
β Risk: Be careful with disclosures
β Absolute novelty in EU and Asia
β By inventor, 1 year grace period in CA and US
β NDA is ok, but patent application is better.
β Risk: cost of enforcement!
β Approach patents in stages to manage cash flow
β Pro: flexible business tool, offensive and defensive
9. Ownership of IP
β Manage ownership of IP
β Agreements from founders, employees, contractors
assigning IP to company
β Don't assume that company owns any IP just
because you are paying someone!
β Be aware of third party rights
β Previous employers
β Universities, technology transfer organizations,
government agencies
10. II. Why IP?
β What is (was) the policy goal?
β Balance?
β Registration gives a presumption of rights!
11. What do WE want?
β Open SAFE creative life to express, invent,
play, make and hack...
β SAFE == not getting sued?
β Share == Contribute to the COMMONS
β Educate ourselves about IP!
12. Copyright
β Shrinking public domain... term is VERY LONG!
β Created and applies automatically to all βworksβ
β How to recreate the public domain?
β Use Copyright!
13. License
β License == Contract
β Contract == an agreement, a tool
β Contract to use copyright protected material
β Open Source && Creative Commons
14. Patents
β Goal: Prevent patent from issuing
β How: ANTICIPATION β attack novelty
β Practically: PUBLICLY DOCUMENT
EVERYTHING
β I don't want anyone to patent it.
15. Trade-marks
β βGenericideβ == death by a thousand cuts
β Not really an issue, even trade dress, unless
out of balance or commercial USE
β Overzealous demands? Channels of trade is
limiting.
16. Open Source Hardware
β Interesting issues... copyright + industrial
design + trade dress + patents !!!
β Copyright applies to practically all the plans to
make the hardware. But not the hardware itself.
β What about patents? New or existing? Patent
pools...
17. Industrial Design
β I believe will become more important because
of 3D printing.
β βdesignβ or βindustrial designβ means features of
shape, configuration, pattern or ornament and
any combination of those features that, in a
finished article, appeal to and are judged solely
by the eye;
18. Trolls / NPE
β Are you making a lot of $$$?
β If not, don't worry too much.
β Actually not true anymore... they like small βweakβ
targets!
19. Demand Letter
β Is a threatening letter BUT...
β Be careful. Don't say anything, especially in
writing.
β βwithout prejudiceβ
20. What can I do?
β Always negotiate!
β Are you infringing? Why? Be honest with
yourself.
β Be prepared to have your bluff called, if you try
to call their bluff. Litigation == EXPENSIVE
21. General Strategy
β Marketing and advertising == tell a story that
the public understands and relates to
β Help create a βStreisand effectβ
β Don't be intimidated! Don't be naive!
22. Smart Consumer of Legal Services
β Big Law == Big clients && Depth && Breadth ==
premium pricing
β Finder (Partner) and Grinder (Associate)
β Grinder is paid ~1 unit to bill ~3 units.
β Small firm == Specialized && Lean
23. What can I ask my Lawyer?
β Understanding of your business.
β Who is doing the work? Estimate? Range?
β Breakout bill: work done, hours, who.
β Challenge bill: Court Assessment Office
24. Entrepreneurship
β if (money < expenses) then {bankrupt}
β Professional services is always a trust
relationship
β Self-education, lowers costs
25. Lawyers | Patent and Trade-mark Agents
MaRS Centre, 101 College Street, #120E
Toronto, ON M5G 1L7
Thank you!
Remember: This is information, not legal advice.
Felix Tang, Lawyer & Engineer
felix.tang@innovatellp.com
@felixstang
1.888.433.2030