Technology Acquisition is interlinked strongly with patents. India and specifically Indian SMEs are facing patent threats. It is not Technology Acquisition but technology enforcement that is becoming the norm. The Achilles heel of technology business continues to be Patent Valuation. Crafitti's MDMP patent valuation is a must explore methodology.
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The English word ‘patent’ is
derived from the Latin word
‘patere’ meaning ,- to be open.
• A Legal grant by a Government
• Terms of grant
– In return for disclosing an invention publicly so that others can learn from it, and
paying the processing fees, the Govt. of the country will grant the inventor of the
invention the rights to exclude others from making, using, or selling the invention
for a limited period of time
What is a Patent?
When you patent your invention - you disclose your invention or
"technical solution to a problem". If that Patent application - your
disclosure is Novel, Inventive and have industrial application and is
"sufficiently" disclosed you may get a right by the government of the
land/country to exclude others from exercising that "invention" for a
limited time period - currently 20 years from the date of filing. That
right is called the "patent right"!
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TRIZ – Inventive-Problem Solving by
Altshuller
Teoriya Resheniya Izobreatatelskikh Zadatch
• 1946 Patent
Officer in Russian
Navy
• Discovered
patterns in
patents,
published paper.
Sent to Gulag
• 1954 released,
analysed
2,500,000 patents
• Identified what
makes a
successful patent
• 1956-1985 TRIZ
formulated
• Same Problems and Solutions appear repeatedly in different
industries (Myth: My field is Unique )
• There are a series of recognizable evolution paths for all technical
systems (Myth: Evolution is Completely Random)
• Innovative solutions used theories outside their own area/industry
(Myth: Innovation happens through Deeper Knowledge)
• The most powerful solutions uncover and eliminate contradictions
(Myth: Optimization is the Focus)
TRIZ itself does not solve problems.
Problems are solved by people.
TRIZ teaches how to solve problems.
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Traditional methodologies to value patent
• Cost based approach
• Market based approach
• Income approach
• Black scholes model
• Relief from royalty method
• Competetive advantage method
• Fair market value
• Valuation using multiples
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COMPARING APPLES WITH ORANGES – AN EXPOSITION OF
AHP
Similar to Decision Matrix approach but
allows a wider range of values in
comparison of alternatives
Developed by T.L. Saaty (1980)
AHP invites pair-wise qualitative
comparisons
The problem is organized as a hierarchy
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An Integrated Approach – ALVIS THINKING
ALVIS
Value Thinking
(Minimize Waste –
Maximize Value)
Inventive
Thinking
(Ideality – Functions
– Resources)
Systems
Thinking
(Holistic Approach
– Exploring
Complexity)
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Analytical
Thinking (Divide
complexity into
multiple solvable
problems )
Logical
Thinking
(Informal and
Formal Reasoning)
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TECHNOLOGY ACQUISITION
• CLOSELY LINKED TO
PATENTS
• BE AWARE OF
PATENTS IN YOUR
FIELD
• SYSTEMATIC
PATENT WATCH
• PATENT VALUATION IS
VERY DIFFERENT FROM
A COMPANY VALUATION
• SCOUT SELECT
SYNERGIZE THE
TECHNOLOGY THAT YOU
NEED