Patent 10 minutes: Record-keeping for patent application
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This series of guide is specially catered for start-ups which would like to move forward with BIG ideas. With this compendium, we hope to rev up your IP knowledge in just 10 minutes. Each Patent 10 minutes guide consists of 10 slides - one brand new topic every week. Check out facebook.com/patsnap.
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https://www.productmanagementtoday.com/frs/26903918/understanding-user-needs-and-satisfying-them
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• Highlight the crucial benchmarks, observable changes, in ensuring fulfillment of customer needs
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Content acquisition strategies are also discussed, highlighting the dual approach of purchasing broadcasting rights for existing films and TV shows and investing in original content production. This section underscores the importance of a robust content library in attracting and retaining subscribers.The presentation addresses the challenges faced by OTT platforms, including the unpredictability of content acquisition and audience preferences. It emphasizes the difficulty of balancing content investment with returns in a competitive market, the high costs associated with marketing, and the need for continuous innovation and adaptation to stay relevant.
The impact of OTT platforms on the Bollywood film industry is significant. The competition for viewers has led to a decrease in cinema ticket sales, affecting the revenue of Bollywood films that traditionally rely on theatrical releases. Additionally, OTT platforms now pay less for film rights due to the uncertain success of films in cinemas.
Looking ahead, the future of OTT in India appears promising. The market is expected to grow by 20% annually, reaching a value of ₹1200 billion by the end of the decade. The increasing availability of affordable smartphones and internet access will drive this growth, making OTT platforms a primary source of entertainment for many viewers.
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Patent 10 minutes: Record-keeping for patent application
- 1. Starting on the right-Note Keeping records of your invention 3
- 2. Overview • What is record-keeping? • Benefits of record-keeping • How should it be like? • Sample of note-taking • What should not be in the notebook?
- 3. Record-keeping • Notes taken during experimentation/conce ption of invention • Serve as a legal evidence that you made the invention • Must be handwritten • Should not be saved electronically
- 4. Why Journal your Journey? This logbook: • Is evident of the date of conception of your invention when filing for application • Helps organize your thoughts and avoid spinning the wheel, especially when you have limited resources as a start-up • Provides an inventory on the designs that you discarded and yet, could potentially be patentable
- 5. The best time to start is…. Record the moment you have the idea…
- 6. How to Journal your Journey Keep a log: • In a bound notebook with numbered pages • With Pen (avoid pencil as it is erasable) • Recording the details (e.g. observations, illustrative sketches, test results)
- 7. It’s not a simple journal that only involves you. You need a….
- 8. Witness • Get a trusted friend/relative (as a witness) to review and sign on the last written page occasionally, specifying the date • Should have at least a basic knowledge in your field of invention e.g. your lab technician • Have a written agreement with the witness to ensure the confidentiality of the invention • SHOULD NOT be your co-inventor
- 9. Title: Purpose: Description: Novel Features: Sketches/photos Prior Art vs your Invention Test Procedures: Test Results: Inventor/Date: Witnessed with confidentiality by/Date: Neat Objective Veracious Evidence (e.g. receipts, printed lab results) Legible Keep your record N.O.V.E.L
- 10. NEVER…. • Change your notebook without completing the previous one. • Place opinions, e.g. “it is a failure” or “it did not work”. • Indicate that the work is going to be ceased. • Make erasures. Cancel the unwanted parts. • Use shorthand in the notebook. • Tear your notebook.
- 11. There is no duplicate copy of your notebook. Keep it in a secure place. Treat your logbook like a gold.
- 12. About IP guide for Start-ups Visit www.facebook.com/patsnap for your weekly dose of Intellectual Property guide for early ventures, written by PatSnap’s PaTENt minutes’ team. Rev up your IP knowledge in just 10 minutes. Each Patent 10 minutes guide consists of 10 slides.