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Valuation of patent rights is one of the main activities related to intellectual property management within an organization or company. Indeed, knowing the economic value and importance of the intellectual property rights assists in the strategic decisions to be taken on the company's assets, but also facilitates the commercialization and transactions concerning intellectual property rights.
[8] (2) Publishing the invention, rather than keeping it a trade secret allows others to build upon the technology. [9] Both of these have been challenged based upon economic analysis. The "rewards" theory has been criticized as ignoring the risky prospective nature of the "reward", [10] and the post patent costs of cost-engineering and marketing.
World Intellectual Property Indicators (WIPI) is an annual statistical report published by the World Intellectual Property Organization (WIPO). [1] The publication provides an overview of the activity in the areas of patents, utility models, trademarks, industrial designs, microorganisms, plant variety protection, geographical indications and the creative economy.
Patents were granted without examination since inventor's right was considered as a natural one. Patent costs were very high (from 500 to 1,500 francs). Importation patents protected new devices coming from foreign countries. The patent law was revised in 1844 – patent cost was lowered and importation patents were abolished. [20]
Validity was determined in courts. 14 out of 48 of the initial patents were for financial inventions. In June 1792, for example, a patent was issued to inventor F. P. Dousset for a type of tontine in combination with a lottery. [3] These patents raised concerns and were banned and declared invalid in an amendment to the law passed in 1792.
Different types of patent analyses can be performed based on the need and the questions to be answered and each type of analysis leads to different associated reports. A patentability or prior art search report provides information on whether a new invention is eligible for patent protection, along with information on what are the closest prior ...
[2] Tax patent – discloses and claims a system or method for reducing or deferring taxes. In September 2011, President Barack Obama signed legislation passed by the U.S. Congress that effectively prohibits the granting of tax patents in general. Chemical patent – patent for an invention in the chemical or pharmaceuticals industry. Not a ...
Wikipedia entry for Google Patents.Google Patents is a search engine from Google that indexes patents and patent applications from the United States Patent and Trademark Office.
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