brand after the patent expired When the patent expires the inventor has no longer exclusive rights to her or hers invention opening it up to everyone. At this point other companies can offer competitive products at reduced prices. It seems that Gore-Tex was smart enough to take advantage of their own patent and expand the product line to include other products using the same technology. 2.What activity can firms use to try to maintain any advantage developed during the patent protection phase
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years ago with the introduction of six new drugs. Five of the six drugs were simply permutations of existing drugs and therefore did not sell very heavily. The sixth drug‚ however‚ addressed hypertension and was a huge success. Since Tazer had a patent on the hypertension drug‚ it experienced no competition‚ and profits from the hypertension drug alone kept Tazer in business. During the past 12 years‚ Tazer continued a moderate amount of research and development‚ but it never stumbled upon a
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pick the movies they couldn’t watch online shipped to their house. Netflix filed a lawsuit against Blockbuster for patent infringement (Sanders). There were two patents that Blockbuster copied from Netflix: The first patent which was issued to Netflix in 1999 included the process where customers can pick and choose movies from the convenience of their home (Sanders). The second patent that was copied just this year was where customers would receive one or two movies at a time and not incur any late
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Non-technical Features in Japan versus the US and Europe By: Hideo FURUTANI‚ Japanese Patent Attorney Furutani Patent Office TEK No. 2 Building 1-23-20‚ Esaka-cho‚ Suita-city Osaka‚ 564-0063 JAPAN 1. Introduction This paper describes business method patents and patents with non-technical features in Japan and compares them to those in the United States and Europe. First‚ the basic requirements for patents and examination guidelines in Japan will be described. Then‚ hypothetical claims
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Describe the main physical and technological resources required in the operation of a selected organisation Physical resources Within physical resources there are many points which must be taken into account to ensure a business is at its peak‚ these include things such as materials‚ waste‚ insurance‚ equipment including ICT‚ buildings and facilities‚ planned maintenance and refurbishment‚ security‚ plant and machinery. These particular resources are what help maintain physically the resources
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FROM INVENTOR TO ENTREPRENEUR: OPTIMISIM VERSUS REALITY © Phil Thompson – Business Lawyer‚ Corporate Counsel – www.thompsonlaw.ca To many people‚ the definition of an entrepreneur is inventor who goes from the workbench to the marketplace to a major stock exchange. However the rag to riches scenario is an exception to the rule. A recent study by a Canadian economist puts reality into measured perspective. No Surprise: The Odds Are Stacked Against You In 1998‚ Thomas Åstebro conducted
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humanitarian and financial targets (break-even). For example‚ Cipla has allowed programs like the PEPFAR to provide treatments to millions of people in Africa; * Some governments (South Africa in particular) have decided to modify their nations’ patent laws to import and/or manufacture cheap generic drugs. Nelson Mandela has put a huge pressure on MNCs which were accused of focusing too much on profit. This paved way to the introduction of efficient drugs at low price by companies like Cipla in
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multiple gadgets. The invention will also be disclosed in the application in a manner so that it is clear and sufficient. Since‚ Magic Wand Remote Control qualifies for all the aspects of being a "patentable subject matter" it can quality for patent. The patents will be applied for the target markets (Brazil‚ South Africa‚ and India).
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A Reaction Paper on TECHNOLOGY COMMERCIALIZATION PANEL: TAKING UNIVERSITY INVENTIONS TO MARKET (A Video Uploaded by princetonacademics on March 25‚ 2010 at www.youtube.com) Submitted by: FRANCISCA B. BICOMONG 91-35899 Submitted to: EDISON D. CRUZ‚ Ph.D Professor TM 206 - Technology Marketing and Commercialization Technology Management Center University of the Philippines Diliman July 15‚ 2012 TECHNOLOGY COMMERCIALIZATION PANEL: TAKING UNIVERSITY INVENTIONS TO MARKET
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made sure to properly patent all their new ideas. GEOX considers itself firstly as a technology company. The company therefore pays a lot of attention to the value of its patents‚ which is considered the core of GEOX´s success. The company invests vastly in its own R&D department‚ which cooperates with specialists‚ e.g. from universities‚ that specialise on the human body and its physics and orthopaedics to ensure continuous research. GEOX is successful because it also patents processes‚ equipment
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