L05 - Patents Flashcards

1
Q

Intellectual property (IP)

A

Mostly in US

FOUR TYPES…

1) Patents
2) Trade secrets
3) Trademarks
4) Copyrights

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2
Q

Patents

A

Protect new inventions or ideas

Utility patents and design patents are children of patents

provisional patents and non provisional patents are children of utility patents

Can patent…

  • Processes
  • Articles of manufacture
  • Machines
  • Compositions of matter
  • Improvements to all

Can NOT patent…

  • Law of nature
  • Phenomena
  • Abstract ideas
  • Mathematical solutions
  • Scientific principles
  • Atomic weapons
  • Illegal devices
  • Naturally occurring items
  • Method that is purely mental
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3
Q

Patent rights

A

The right to exclude others from making, using or selling ur invention

IN EXCHANGE for FULL disclosure of the invention to the public

Utility patent lasts 20 years from date of FILIING

Design patent lasts 14 years from date of issue

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4
Q

provisional vs nonprovisional application process

A

PROVISIONAL

  • QUICK AND CHEAP
  • Placeholder of 1 year that est. a priority date

NONPROVISIONAL
- Takes 3-5 years

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5
Q

Utility vs design non provisional patents

A

Utility…

  • PROTECTS HOW THE INVENTION WORKS OR IS MADE
  • Multiple claims
  • Functionality
  • $5k to 15k to file

Design…

  • Single claim
  • $1.5k to $2k
  • Cannot be functional
  • PROTEXTS HOW IT WORKS
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