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Teslas’s New Patent Policy: Long Live the Patent System!

What an innovator @ElonMusk!!!

Truth on the Market

[First posted to the CPIP Blog on June 17, 2014]

Last Thursday, Elon Musk, the founder and CEO of Tesla Motors, issued an announcement on the company’s blog with a catchy title: “All Our Patent Are Belong to You.” Commentary in social media and on blogs, as well as in traditional newspapers, jumped to the conclusion that Tesla is abandoning its patents and making them “freely” available to the public for whomever wants to use them. As with all things involving patented innovation these days, the reality of Tesla’s new patent policy does not match the PR spin or the buzz on the Internet.

The reality is that Tesla is not disclaiming its patent rights, despite Musk’s title to his announcement or his invocation in his announcement of the tread-worn cliché today that patents impede innovation. In fact, Tesla’s new policy is an example of Musk exercising patent rights…

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USPTO Proposes Trademark Fee Reduction

#patentlaw

VajraSoft Inc.

United States Patent and Trademark Office (USPTO) proposes reducing certain trademark fees, as authorized by the Leahy-Smith America Invents Act (“AIA” or “Act”). The proposed reductions will reduce total trademark fee collections and promote efficiency for the USPTO and customers. This proposal, is geared towards achieving the strategic objective of USPTO, which is to increase the end-to-end electronic processing of trademark applications including online filing, electronic file management, with built-in workflow.

patent_ip_stamp

USPTO proposed the following:

  • Reduce the fee for a Trademark application filed using the regular TEAS application form by $50 to $275 per class. A pre-condition for this is that the applicant must authorize for email communication and agree to file all responses and documents electronically during the prosecution of the application. This option will be known as a TEAS Reduced Fee (“TEAS RF”) application.
  • Reduce $50 the fee for a TEAS Plus application to $225 per class
  • Reduce…

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Groundwork Labs to offer housing stipend to get startups to Durham

http://www.bizjournals.com/triangle/blog/techflash/2014/07/groundwork-labs-housing-stipend-startups-durham.html

Durham has a new tool to attract startups from across the country: A housing stipend.

Groundwork Labs announced Tuesday that a new housing stipend will “enable companies anywhere to take advantage of the Groundwork Labs program.”

Interesting idea for local businesses!

Legal protection of brands in EU Law

European Parliamentary Research Service Blog

Branding_wordcloud z_amir / Fotolia

‘Brand’ is not a legal term. It refers to the set of functions and symbols associated with a specific mark, including its cultural, legal, political and social aspects, which contribute to its market value. From a legal point of view, a brand is an exclusive channel of communication connected with the brand exploitation rights, an intangible (investment) asset, as well as a source of sustained competitive advantage. The legal protection of brands is traditionally based on the so-called ‘broadcast model’ of brand creation. It is characterised by the assumption that the trademark owner is the sole creator of the brand. Some scholars criticise this model for neglecting the social dimension of brands and propose the so-called ‘dialogic model’ of brand authorship. In contrast to the ‘broadcast model’, it stresses that a brand image is co-created by the company which legally owns the brand, as well as by…

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Can you copyright a tweet?

To Promote the Progress?

Gabriel J. Michael / gmichael at gwu dot edu

Back in January, I had a brief exchange on Twitter prompted by this news story. The gist is that A. O. Scott, film critic for The New York Times, posted a tweet about the film Inside Llewyn Davis. The film’s promoters took out a full page ad in the Times displaying the tweet (or more accurately, the last two sentences of the tweet).

The linked article’s discussion assumes that Scott “own[s] the copyright to his tweets,” but notes that by tweeting, Scott could be presumed to be granting an implied license for reuse of the tweet elsewhere.

But can you even copyright a tweet? I did some research and was unable to come up with a clear answer. There was some academic discussion of the issue, and occasional instances in which Twitter users claimed others were infringing their…

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Did you know this about Patents?!

aasthaggarwal

 

Patent not only depicts a symbiotic relationship between technology and life sciences, but are characterized by following properties legally.

 

Patent is an intangible asset. As per the dictionary meaning of intangible asset, anything whose physical presence can’t be felt is called intangible. Patent a product of intellect of any person which when put in use can be felt physically, however, we can’t touch intellectual property in any other manner. Interestingly, an intangible asset can be a definite or indefinite asset. Properties like patent with specific life span are definite assets; however, the name of the company will stay with the company till the time it is operating and is considered indefinite asset.

 

If we look at it patents don’t offer absolute ownership to the assignee or the inventor. The Patents Act provides that the grant of a patent confers upon a patent holder the exclusive right to…

View original post 219 more words

Did you know this about Patents?!

aasthaggarwal

 

Patent not only depicts a symbiotic relationship between technology and life sciences, but are characterized by following properties legally.

 

Patent is an intangible asset. As per the dictionary meaning of intangible asset, anything whose physical presence can’t be felt is called intangible. Patent a product of intellect of any person which when put in use can be felt physically, however, we can’t touch intellectual property in any other manner. Interestingly, an intangible asset can be a definite or indefinite asset. Properties like patent with specific life span are definite assets; however, the name of the company will stay with the company till the time it is operating and is considered indefinite asset.

 

If we look at it patents don’t offer absolute ownership to the assignee or the inventor. The Patents Act provides that the grant of a patent confers upon a patent holder the exclusive right to…

View original post 219 more words

3D printing not unlike Napster in challenging intellectual property laws

Financial Post | Business

The advent of 3D printing, with its ability to alter business and effect social change, raises a host of challenges related particularly to the unauthorized reproduction of products protected by intellectual property  law.

Writing in an IP Report published by Gowling Lafleur Henderson, the firm’s Stephanie Curcio describes “the multifaceted IP challenges that are implicated by [3D printing’s] use both commercially and directly by consumers.”

Using a digital blueprint, 3D printing uses various forms of layering technology to create three-dimensional objects. Currently limited to small plastic products, “the technology will soon exist to allow consumers to personally print anything from customized toys and jewellery, to functional goods such as replacement parts for lawn mowers.”

As Curcio points out, 3D printing patents were first filed over 30 years ago, and a number of the initial patents are expiring or have expired. This has allowed others “to bring additional 3D printing technologies to the…

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