This literature review considers whether or not a company should capitalize patent costs and whether or not impairment testing should be done periodically on patents by responding to the following questions:…
Sept Introduction to Law Overview of Intellectual Property Patent Law Materials posted on McInnes Chapter BlackBoard 18 2 11th Sept 3 18th Sept 4 25th Sept 5 2nd Oct 6 9th Oct 7 8 16th Oct 23rd Oct 30th Oct 9 6th Nov 10 13th Nov 11 20th Nov 22nd Nov 12 27th Nov Materials posted on BlackBoard Materials posted on BlackBoard Materials posted on BlackBoard Recommended Reading…
The writings which are to be protected are the fruits of intellectual labor. The trade-mark may be, and generally is, the adoption of something already in existence as the distinctive symbol of the party using it. At common law the exclusive right to it grows out of its use, and not its mere adoption. The preceding statement makes an example of the points Ms. Laura Slezinger makes in her article entitled “What makes Trademarks Intellectual property?” The article makes examples of intellectual property and how it is and is not protected by enacted laws and the Constitution of the United States. To begin, Slezinger examines the differences between private property and ownership. Additionally, she makes the point that the right to possess tangible or intellectual property relies solely on societal laws that accept and protect the ideals of possession by individuals. Slezinger argues, through the example of the striking down of the first federal trademark- registration statute in congress, that trademarks…
5. A patent is a right granted to the inventor of a product or process that excludes others from making, using, or selling inventions.…
A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of the invention. Patent is the most likely infringed because patent is a legal framework that establishes a patent system which supports and encourages technological innovation and promotes economic development. Patents defend inventions and processes. Patents set time for bars for 20 years. It doesn’t give right to others to use their inventions.…
This chapter opens another realm of complexity that I would be of great value to me as an engineer. Coupled with starting a new business idea is a set of rules and regulations which an entrepreneur must be weary of. Some innovation can be patented due to its uniqueness and as an incentive for encouraging more innovation. A long and sometimes tedious process is detail by Dr. Kuratko. Part of the process is keeping evidence of how you came up with an idea, in black and white. I have learned the importance of doing so in my engineering classes and through internships. Patent, Copyright and Trademark law are set to protect the original inventor from people who want derail you venture with counterfeits. Also in this chapter Dr. Kuratko defines the types of business ownership model an entrepreneur can be interested in, with corporations being the largest and most confusing to me. He also states how companies my face doom as bankruptcy and liquidation. This can be exemplified by Trump who filed for bankruptcy several times.…
C. Preview: Today we will briefly review the meaning of disclosure along with the meaning of digitally altering, how Patent Law protects a product and also protects the consumers, along with insight on the companies that choose to disclose information and those that choose not to.…
A company’s ability to buy and sell property is essential to its long-term life and vitality . An excess of intellectual property can burden a company by directing limited funds towards maintaining registrations, defending against third-party claims, or creating and marketing a final product1. Thus, licensing intellectual property can have an immediate positive effect on a company’s finances, generating revenue and decreasing costs1. Although trademark licensing can yield positive results, it’s important to be aware of its drawbacks and pitfalls that could result in serious and permanent repercussions for the brand . This paper provides the basic introduction of a trademark as well as examines the fundamentals of trademark licensing, the considerations…
(2001). Web Design That Won 't Get You Into Trouble. Computer Libraries. Retrieved from http://www.infotoday.com/cilmag/jun01/kennedy.htm…
Legal/Ethical issue 1 Life support, a 72 year old woman, was admitted to the Neurological Intensive Care Unit following a cerebral hemorrhage that left her with severe brain damage and ventilator.1 The husband disregarded the patients’ rights by refusing to abide by his wife’s wishes as stated in her living will The patient’s living will specified that she did not want to be on a ventilator support or other artificial life support in the event of a permanent unconscious condition or terminal condition.1 The doctors told the husband, who is the next of kin and surrogate decision-making authority, that his wife had suffered, “A cerebral hemorrhage that left her with severe brain damage and ventilator dependent”1. This represents a legal/ethical issue because the husband is not acting in the wife’s best interest and honoring her living will. His plan is to keep her on life support because he does not consider her situation as imminently terminal. The living will is a valid document. This…
Intellectual Property is materials that are copyrighted, but are produced by counterfeit often looking or performing much like the copyright that they have stolen. Many items that are counterfeit include video games, movies, clothing, automobile and aircraft parts, medications, and personal items such as body sprays, perfumes, and washing detergents. Items are often made and trafficked by organized crime or other criminal and terror groups. Since counterfeit products are available on the black market no taxes are collected and the quality of those product are often subpar…
that frivolous 20-year patent monopolies are not granted at the cost of public health. Also,…
Savich, Jason. "Monsanto V. Scruggs: The Negative Impact of Patent Exhaustion on Self-Replicating Technology." Berkeley Technology Law Journal 22.1 (2007): 115-135. Academic Search Premier. EBSCO.…
Quasi contract claim: someone has been unjustly enriched/unjust enrichment claim—parties may not even know each other. REQUIRES A HIGH LEVEL OF NOVELTY…
Claims are the part of a patent application which set out the scope of protection which is sought. In a granted patent, the claims set out the scope of the monopoly given by the patent. For example, if an inventor discovers a new chemical entity which can be applied to the treatment of disease, they can usually claim some or all of: the chemical entity per se, the chemical entity for use as a medicament, use of the chemical entity for the manufacture of a medicament for a specified therapeutic application and a method of manufacturing the new chemical entity.…