Chapter 8

Question 1

USPTO

Answer 1

U.S Patent & Trademarks Office. Only about 2% of patents earn significant dollars for their investors

Question 2

Path Dependency

Answer 2

is the idea that decisions we are faced with depend on past knowledge trajectory and decisions made, and are thus limited by the current competence base. In other words, history matters for current decision-making situations and has a strong influence on strategic planning.

Question 3

Network effects

Answer 3

A phenomenon whereby a good or service becomes more valuable when more people use it.

Question 4

Tipping Point

Answer 4

The point in which the demand is driven by the value created by a network of users

Question 5

Technology Roadmaps

Answer 5

Are constructed so that one innovation can be seen in the context of all others that are concurrently occuring

Question 6

Going Viral

Answer 6

When a tipping point is reached and the networks expand rapidly

Question 7

Hype Cycle

Answer 7

A graphic representation of the maturity, adoption, and social application of specific technologies.

Question 8

Open Standards

Answer 8

Enable new products to be plug compatible with existing systems

Question 9

The Long Tail

Answer 9

The statistical property that a larger share of a population may exists within the tail of probability distribution then observed under a normal or Gaussian distribution

Question 10

Technology adoption cycle

Answer 10

Describes the acceptance of a new product or innovation, according to the demographic and psychological characteristics of defined adopter

Question 11

Intellectual property

Answer 11

a work or invention that is the result of creativity, such as a manuscript or a design, to which one has rights and for which one may apply for a patent, copyright, trademark, etc.

Question 12

Service Mark

Answer 12

A service mark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of a service rather than goods.

Question 13

Trade Mark

Answer 13

A trademark is a word, phrase, symbol, and/or design that identifies and distinguishes the source of the goods of one party from those of others.

Question 14

Copyright

Answer 14

the exclusive legal right, given to an originator or an assignee to print, publish, perform, film, or record literary, artistic, or musical material, and to authorize others to do the same.

Question 15

Work for Hire

Answer 15

Work now owned by the author or work preformed in some other salaried or compensated capacity

Question 16

Patent as Contract

Answer 16

.

Question 17

Patent Infringement

Answer 17

is the commission of a prohibited act with respect to a patented invention without permission from the patent holder. Permission may typically be granted in the form of a license.

Question 18

Design patent

Answer 18

a form of intellectual property protection which allows an inventor to protect the original shape or surface ornamentation of a useful manufactured article.

Question 19

Patent Portfolio

Answer 19

a collection of patents owned by a single entity, such as an individual or corporation. The patents may be related or unrelated. Patent applications may also be regarded as included in a patent portfolio.

Question 20

Utility Patent

Answer 20

protects a new invention or improvements on existing inventions which are functional. Utility patents are issued to any functional new inventions or improvements on a machine, process, product or to the composition of matter.

Question 21

Requirements of a patent

Answer 21

An invention must have utility and novelty, and be nonobvious

Question 22

Patent Search

Answer 22

.

Question 23

Patent Attorneys

Answer 23

.

Question 24

Provisional Patent

Answer 24

Under United States patent law, a provisional application is a legal document filed in the United States Patent and Trademark Office (USPTO), that establishes an early filing date, but does not mature into an issued patent unless the applicant files a regular non-provisional patent application within one year.

Question 25

Patent Claim

Answer 25

In a patent or patent application, the claims define, in technical terms, the extent, i.e. the scope, of the protection conferred by a patent, or the protection sought in a patent application.

Question 26

First-to-file rule

Answer 26

.

Question 27

Trade Secrets

Answer 27

a secret device or technique used by a company in manufacturing its products.