Intellectual Property Management: A Guide for Scientists, Engineers, Financiers, and Managers

Intellectual Property Management......Page 5
Contents......Page 7
Preface......Page 13
Authors......Page 17
Abbreviations......Page 19
1.1.1 The Patent......Page 21
1.1.2 The Process of Patenting......Page 22
1.1.3 The Value in a Patent......Page 26
1.1.4 Anatomy of a Patent Document......Page 29
1.1.5 Patentability of an Invention......Page 33
1.1.6 Inventors and Applicants......Page 35
1.2 Business Brief......Page 36
2 The Economic Objectives of Protection......Page 39
2.1.2 Where to File: National Offices and International Treaties......Page 40
2.1.4 Follow-up Filings and the Territorial Extent of Protection......Page 44
2.3.1 The Invention, the Product and its Market......Page 45
2.3.2 Market Economics......Page 46
2.3.3 Technology Density......Page 48
2.3.4 The Commercialisation Plan......Page 49
2.3.5 The Competition......Page 51
2.4 Financial Resources and Attitude Towards Risk......Page 52
2.5 Business Brief......Page 53
3.1 Preparation......Page 55
3.1.2 Assembling Material......Page 56
3.1.3 Researching the Literature......Page 58
3.2.1 Attorneys......Page 64
3.2.2 The Initial Filing as a Basis for Amended Claims......Page 66
3.2.3 Non-Obviousness......Page 70
3.2.4 Unity......Page 72
3.3.1 Formalities......Page 73
3.3.2 Representation......Page 74
3.3.3 The Process......Page 75
3.4.2 Patenting an “Invention in Progress”......Page 78
3.4.3 Patent Deadlines Driving Development......Page 82
3.5 Conflict......Page 83
3.5.2 Revocation......Page 84
3.5.3 Infringement......Page 85
3.6 Business Brief......Page 86
4.1 The Rights of the Inventor......Page 89
4.1.3 Joint Applicants......Page 90
4.2.1 Interference Procedure in the United States of America......Page 92
4.3 Employee or Service Inventions......Page 93
4.3.1 Germany......Page 94
4.3.2 United Kingdom......Page 95
4.3.4 Spain......Page 96
4.3.7 Japan......Page 97
4.3.10 Hungary......Page 98
4.3.12 Poland......Page 99
4.3.14 Conclusion......Page 100
5.1 Protection of Distinctive Marks......Page 101
5.1.1 Trademark Protection......Page 102
5.1.2 Internet Domains/e-Commerce......Page 110
5.1.5 Enforcement of Rights......Page 111
5.2.1 What is a Design?......Page 112
5.2.2 National and International Protection of Designs......Page 113
5.2.3 How and Where are Designs Registered?......Page 114
5.2.4 Implementation of Design Rights......Page 115
6 Licensing......Page 117
6.1.2 Subject......Page 118
6.1.3 Scope......Page 119
6.1.5 Term and Termination......Page 121
6.1.6 Consideration......Page 123
6.2 Sub-Licences......Page 126
6.3 Up-Front Payments......Page 127
6.6 Taxation of Consideration......Page 128
6.7.2 Third Parties’ Rights......Page 129
6.8 Maintenance and Prosecution of IP Rights......Page 130
6.10.1 General Principles......Page 131
6.10.2 European Competition Law......Page 132
6.11 Governing Law and Dispute Resolution......Page 134
6.11.1 Governing Law......Page 135
6.11.2 Dispute Resolution......Page 136
6.12 Negotiating Licence Agreements......Page 137
6.13 Business Brief......Page 138
7.1 Risk, Return and Control......Page 139
7.1.1 What is the Return?......Page 140
7.1.2 Understanding Risk......Page 141
7.1.3 Managing Risk......Page 142
7.1.4 Control......Page 143
7.1.5 Inventive Myopia......Page 145
7.2.1 Strategic Alignment......Page 146
7.2.3 The Extent of Product Development......Page 147
7.3 Company Formation......Page 148
7.3.1 Assignment of IP......Page 149
7.4 The Business Plan......Page 150
7.4.3 Market......Page 151
7.5 Financial Forecasting and Valuation......Page 152
7.5.3 Net Present Value......Page 153
7.5.4 Real-World Valuation......Page 155
7.6.2 Angel Investors......Page 156
7.6.3 Venture Capital......Page 157
7.6.4 Shareholder Structures and Agreement......Page 158
7.6.5 Working With Investors......Page 159
7.7 Negotiation......Page 160
8 The Importance of Business Structures to the Exploitation of IP......Page 163
8.1 Legal Forms of Transferring IP Ownership......Page 164
8.2 Intellectual Property and Financial Reporting......Page 166
8.3.1 Tax Considerations on the Company Level......Page 169
8.3.2 Tax Considerations on the Shareholder Level......Page 170
9 List of Annexes......Page 171
Annex 1 Paris Convention for the Protection of Industrial Property (January 3(rd), 2005)......Page 172
Annex 2 PCT Contracting States (as of July 7(th), 2005)......Page 174
Annex 3 EPO member states and extension states as of July 2005:......Page 177
Annex 4 Nice Classification of goods and services (8th edition) – Headings Goods and Services......Page 178
Annex 5 International Classification for Industrial Designs under the Locarno Agreement – Headings Goods and Services......Page 181
Annex 8 ARIPO member states......Page 182
Annex 10 Order of country codes (Situation at 9. 3. 2005)......Page 183
Index......Page 187