L4 IP Protection Flashcards
Types of IP
See onenote
IP Rights
- legally protects product of creative intellectual effort
- are property rights that can be owned
- provides competitive advantage by securing monopoly to IP
- provides mechanism for buying, selling, licensing, commercialising IP
- encourages investment in creativity
- helps promote collaborations
Patents - what are they?
- monopoly granted by government in exchange for disclosure of new invention
- inventor gains exclusivity for up to 20 years
- public gains knowledge of invention
Why patent?
- protects an invention and how it works
- allows you to stake claim over intellectual territory
- prevents others from copying invention without authorisation
- enables ideas to be traded commercially
Patents are territorial
- You need to get them by a country-by-country basis
- There is no world wide patent
- Unimelb has patents in a lot of different countries
Recaldent Example
see onenote
Uni has licensed recaldent to commercial partners
Top 5 technology fields patented in Australia
- pharmaceuticals
- medical devices
- polymers and applied chemistry
- computing
- electronics and communications
Patent families
A single invention may give rise to many patent documents around the world
- provisional patent applications
- international (PCT) patent applications
- national applications
- granted patents
Aus government signs international treaties with other countries
Under PCT
- we can file a single patent application in Australia and then use the same application in other countries all around the world
- a single patent may give rise to many patent documents around the world
Patenting process
see onenote diagram
Equity Stake
An equity stake is the percentage of a business owned by the holder of some number of shares of stock in that company. The most usual way to build up an equity stake is through the purchase of equity shares, although smaller companies may simply create such a stake for an investor through a contract.
Patent stages
see onenote
- provisional
- PCT application
- publication
- national application
- national publication
- national grant
Patents - what makes it eligible to be patented?
- novel
- inventive
- useful
- reproducible
Patent searching - database
see onenote
How do you find out that someone hasn’t invented something similar to you => patent searching database
Beware of your own disclosures
See onenote diagram
Disclosures you make before a patent application is filed can render your patent invalid
- file patent application first
- THEN publish
Are these “publicly available”?
see onenote