Maria Pallante out of Copyright. Unified IP?

Maria Pallante: out of Copyright Office

Great article by Dennis Crouch over at Patently-O. (But then aren't they all great over there.)

Apparently Pallante is out as Chief of the Copyright office. And the clamor is up as to why we don't have a unified IP at the patent and trademark office, kind of a US PTOC. (I guess that would be pronounced Pea-Talk, or PeeTalk, if you wanted to talk dirty.)

Back in 2012, Crouch recommended creating an integrated US Intellectual Property Organization, or USIPO (you sip oh) akin to WIPO for the world of IP.

The argument for an integrated IP approach "...  is that many operating businesses relying upon intellectual property (IP) rights typically do not focus on a single form of IP rights but instead take a layered approach that includes some combination of patent, trademark, copyright, contractual, employment, trade secret, and design rights, for instance."

With all the changes happening, or potentially happening, in the IP world this integration seems like a great idea when the time has come.

Let's go with USIPO, not PTOC, on this one.

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Busted, or not busted, our patent system

One of the most revered, trusted and enduring of America's industrial and technological advantages is our patent system.  Except that, it isn't anymore.  Patents are included in the US Constitution, proof positive that the Foundering Fathers considered them critically important to the future of the country.  That was then, this is now and you'll understand when you go to www.wired.com/2015/01/fixing-broken-patent-system.  It was written by Jay Walker,the founder of Priceline in the late 1990s.

Here is an insightful chronology of how much the patent system benefited the country up until the last several decades.  The system is now too cumbersome and costly such that 95% (Walker's data) of inventions are not available to small and medium size businesses.  Only the mega corporations have the human, financial and technological resources to fully utilize the system.  A study is cited stating that liberating the patent system from litigation-based costs and risks would create $200B/yr in increased economic output.
Although Hall & Hinkelman (2015) in the Patent Primer 3.0 boast of Intellectual Property, mainly patents, as one of "the great equalizers of our lifetime", not all companies who use patents are equally able to capitalize on them.
References

Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Patent primer 3.0: Patents, the great equalizer of our time! An overview of intellectual property for inventors and entrepreneurs.  Morrisville, NC: LuLu Press. ISBN: 978-1-329-17833-5  Retrieved from: http://www.lulu.com/spotlight/SBPlan

Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Patent primer 3.0e: Patents, the great equalizer of our time! An overview of intellectual property with patenting cost estimates for inventors and entrepreneurs.  [Amazon Kindle eBook].  ASIN: B010ISU7ZG

The Refractive Thinker® Radio Show: Trademark, Patents, and Perpetual Innovation 07/07 by Cheryl Kulikowski Lentz | Entrepreneur Podcasts

The Refractive Thinker® Radio Show: Trademark, Patents, and Perpetual Innovation 07/07 by Cheryl Kulikowski Lentz | Entrepreneur Podcasts:
(30 minute broadcast on BlogTalkRadio.)
This is an interview with Dr. Elmer Hall about Intellectual Property and the types of information included in the Patent Primer 3.0.

Hall talks about the basic processes that entrepreneurs can take to capitalize on Intellectual Property (IP). This interview is an excellent overview of that the approaches that creators and inventors should consider in bringing IP protection to their creative efforts.

The books (and eBooks) in the Perpetual Innovation(tm) series are:

Hall, E. B. & Hinkelman, R. M. (2013). Perpetual Innovation™: A guide to strategic
planning, patent commercialization and enduring competitive advantage, Version
2.0. Morrisville, NC: LuLu Press. ISBN: 978-1-304-11687-1  Retrieved from: http://www.lulu.com/spotlight/SBPlan

Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Patent primer 3.0:
Patents, the great equalizer of our time! An overview of intellectual property
for inventors and entrepreneurs. Morrisville, NC: LuLu Press. ISBN: 978-1-329-17833-5  Retrieved from: http://www.lulu.com/spotlight/SBPlan

Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Patent primer 3.0e:
Patents, the great equalizer of our time! An overview of intellectual property
with patenting cost estimates for inventors and entrepreneurs.  [Amazon Kindle eBook].  ASIN: B010ISU7ZG  Retrieved from: http://www.amazon.com/dp/B010ISU7ZG   

Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Innovator’s  primer 3.0: The basics on intellectual property protection for the creator and inventor.  Morrisville, NC: LuLu Press.  ISBN: 978-1-329-23954-8  Retrieved from: http://www.lulu.com/spotlight/SBPlan  

Hall, E. B. & Hinkelman, R. M. (2015). Perpetual Innovation™: Innovator’s  primer 3.0e: The basics on intellectual property protection for the creator and inventor.   [Amazon Kindle eBook].  ASIN: B0115BG35I  Retrieved from: http://www.amazon.com/dp/B0115BG35I   

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Revenue Per Patent A Longstanding Question of Value for Many

In the world of IP, there is a list of questions that never seem to be answered to the satisfaction of all particularly when there is generational change in who is running the corporation.  Foremost among the questions is what is the revenue per patent and is it worth the time, energy and resources that must be applied not only for a patent but protect in the marketplace from infringement that may result in costly litigation.  IAM presents 20 corporations with extensive patent portfolios and the revenues per patent at  http://www.iam-media.com/blog/detail.aspx?g=d37195bc-4870-406d-81cc-f9e74c6e17b8.  Among the points worth noting is that Apple has the least number of patents among the 20, but blows all away in the revenue it realizes for each patent.

All of those listed make sizable revenues.  It is clear that the effort to patent from beginning to end is of demonstrable value to the corporation.

ARM Takes Its Chip Business Beyond Phones - WSJ

ARM Takes Its Chip Business Beyond Phones - WSJ:
ARM Holdings, $ARMH, is one of the great intellectual property engines of our time. They make the chips used in cell phones and other computing devices. Or, stated more accurately, they invent the chips, and then license out the manufacturing, sales and distribution of them.
One thing that has made them such a dominant force is low power use technologies, exactly the kinds of things you need for mobile technologies.
When you look at the financials of ARMH, don't be deceived and compare them directly with a company like Intel or AMD. ARM has a price-to-earnings (P/E) ratio of 60 to 70; Intel has a PE of only 14 to 16. Intel has the $ billion factories. ARM has only the development labs for inventing stuff.
And, speaking of stuff; ARM is now setting their sights on the-internet-of-stuff. Billions of new items will be connected to the internet each year. Appliances, pet monitors, and more...
Let's see how that evolves.
In the mean time, keep your eyes on this company that utilizes IP better than pretty much any other. It gets is reviews in the form of royalty payments wired to the bank. Nearly pure profit.
It's a beautiful thing.
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Has DOW gotten its groove back? | Watch the video - Yahoo Finance

Has DOW gotten its groove back? | Watch the video - Yahoo Finance:

Interview on Mad Money of Andrew N. Liveris, Pres., Chair and CEO.

Dow chemicals is now a innovation, high-tech company?

That's right. The olde staunching company now has two-thirds of its products in with intellectual property (IP). Proprietary products are 66% of their products. !

Was 100% petrochemicals (kindof).

Here you can find out about their products: http://www.dow.com/products/

They are creating massive facilities in the USA, taking advantage of the low costs of production here were we are swimming in nat gas (and petro chemicals).

But the really BIG project is in Saudi. The size of the factory is about 1,000 football feilds BIG. With some 60,000 employees at peak construction. Coming onboard this year.

Wow.

They are taking advantage of the US energy boom in a way that no other company can (or does)!:-)

Wow.

They are coming out of an aggressive "activist" investor action and seem pretty good for the wear.

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The Toll of the Patent Troll by any other name: Intellectual Property - Bloomberg

Symantec, Microsoft, Blue Cross: Intellectual Property - Bloomberg:

A patent troll, by any other name, may not be called a "patent troll" in court.

This would be funny, if it weren't true. The often called "patent troll" company Intellectual Ventures LLC, can not be disparages by such names as "patent troll" in court the presiding judge says. IV -- a play on the vampire concept of draining all the blood from the body of otherwise living and productive entities -- does not produce anything and has a monster war chest of patents which it brings out only during the stealth of night.

In the case of an entity that buys up patents but doesn't invent and doesn't produce anything, the company is often referred to unkindly as a "patent troll". In the real world, like cell phone makers, someone producing a product is exposed to other producer's patents, and vise verse. The players are forced to work together, license and cross-license in order for anyone to produce anything.

But the troll has a wonderful vantage point. Any product produced is fare game, and the real players in the game don't have much recourse if they want to produce anything and run a productive business.

Non-Practicing Entity (NPE) is another name for the troll, but it is not nearly so accurate.

IV was rated #1 troll in 2012 in the kingdom of patent trolls: here.

And, of course, the targets of the NPEs are larger and more innovative companies like AT&T and Google. In 2013 the "troll" toll in terms of law suites were up 19% from the prior year. (Fortune article on this topic.) It will be interesting to see what the stats for 2014 are since there has been a big drop in several types of law suits based on benchmark legal rulings.

For now, a patent troll, by any other name, will have to be by a nicer name, at least in court. I wonder if Patent Vampire, or intellectual property parasite is acceptable?

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eBook Patent Primer 2.0, Patents, the Great Equalizer of our Time! An Overview of Intellectual Property with Patenting Cost Estimates for Inventors and Entrepreneurs (Perpetual Innovation): Elmer B. Hall, Robert M. Hinkelman: Amazon.com: Kindle Store

Patent Primer 2.0, Patents, the Great Equalizer of our Time! An Overview of Intellectual Property with Patenting Cost Estimates for Inventors and Entrepreneurs (Perpetual Innovation): Elmer B. Hall, Robert M. Hinkelman: Amazon.com: Kindle Store:

Kindle eBook version of the Patent Primer 2.0 is here!!!

Of course you can still buy the hard copy of the Primer 2.0 over a LuLu Press: http://www.lulu.com/spotlight/SBPlan

Patent Primer 2.0 is an overview of IP protection in the US and globally with a focus on patents and the patenting process. Intellectual property – especially patents – provides one of the greatest competitive advantages of our time. Patents are a great equalizer, putting the individual inventor on the same footing as corporate giants.  The Patent Primer is an update from the original edition that was included as Appendix B in Perpetual Innovation, Hall and Hinkelman’s 2007 patent commercialization book. (Look for edition 2.0!)

With so much depending on intellectual property, inventors and entrepreneurs must have a good understanding of IP tools to be successful. Patent Primer 2.0 is what everyone needs before launching new product development and invention commercialization. It gives a quick overview of IP and brand building. It addresses the various patent-protection alternatives. The Primer offers example of costs for a small entity to bring a patent-protected invention to market-readiness. The 2.0 version of the Primer includes major changes in U.S. patent laws and the new fees initiated in March 2013.

Hall and Hinkelman are executives of Strategic Business Planning Company (SBP), a company that helps businesses and individuals Plan for Sustainable Success™. SBP helps innovators build strong IP Business Plans. The company is active in sustainability and advocates initiatives that offer payback of investment in 1 to 5 years while delivering perpetual savings to the business, to the community and to the environment – win, win, win!

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Patent Primer 2.0 is released. Overview of IP and Patent Process.

Perpetual Innovation™: Patent Primer 2.o

Patents, the Great Equalizer of our Time!

An Overview of Intellectual Property with Patenting Cost Estimates for Inventors and Entrepreneurs

By Elmer Hall & Robert Hinkelman

Visit LuLu Press storefront at: www.lulu.com/spotlight/SBPlan

The Patent Primer 2.0 is an overview of intellectual property (IP) protection in the US and globally with a focus on patents and the patenting process. Intellectual property – especially patents – provides one of the greatest competitive advantages of our time. Patents are a great equalizer, putting the individual inventor on the same footing as corporate giants.

   Intangible assets have expanded such that most of the value of most companies is non-tangible, especially patents. Even though there is such a huge competitive advantage associated with IP, intangible assets often go unmanaged. IP is generally omitted from the books on new product development, marketing, and business strategy.

With so much depending on intellectual property, inventors and entrepreneurs must have a good understanding of IP tools to be successful. Patent Primer 2.0 is what everyone needs before launching into new product development and invention commercialization. It gives a quick overview of IP and brand building. It addresses the various patent-protection maneuvers. The Primer offers example of costs for a small entity to bring an invention to market-readiness with patent protection. The 2.0 version of the Primer includes major changes in U.S. patent laws and the new fee schedule initiated in March 2013.

   The information at the U.S. Patent and Trademark Office (U.S. PTO web site) has evolved over 200 years into a mixed collage of information. Details are buried within laws, regulations, policies and procedures. Additionally, books on patenting and do-it-yourself patent tools are complicated and obtuse. Less-than-reputable companies with 800 numbers target inventors to “help” with the patenting, licensing and funding.

The 2.0 version of the Patent Primer is a complete rewrite and update of the original primer included in Appendix B of Hall and Hinkelman’s 2007 book on patent commercialization. (Visit: www.lulu.com/spotlight/SBPlan) 

   Hall and Hinkelman are executives of Strategic BusinessPlanning Company, a company that does consulting, helping businesses and individuals Plan for Sustainable Success™. SBP helps innovators build strong IP Business Plans. The company is active in sustainability and advocates initiatives that offer payback of investment in 1 to 5 years while delivering perpetual savings to the business, to the community and to the environment – win, win, win!