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Posts tagged: Uspto

Patents for Humanity: Global Good’s Passive Vaccine Storage Device, Arktek, wins USPTO Award

Through its Patents for Humanity Award, the United States Patent and Trademark Office (USPTO) illuminates stories of technologies that are making real change in the world for those most in need. This year, one of those stories is ours to tell. 

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IP Resources for the C-Suite

Are you putting intellectual property (IP) to work for your company? Those at the helm of both large and small companies recognize that safeguarding patented assets is crucial to developing and maintaining a competitive edge. In fact, 70 percent of business leaders who participated in a market research on patent attitudes study last year believe patents are good for innovation. And yet only one quarter of those decision makers feel patent savvy.

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Patent Office Overload

For people with a stake in technology and innovation, it would be hard to find a more important and a more over-worked government agency than the U.S. Patent and Trademark Office (USPTO). Yet at the very time that the agency’s budget has been cut, and it lacks a permanent director, Congress is weighing ideas to add even more to the workload.

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The Economics of Intellectual Property

Investment in intellectual property (IP) can be a key indicator of a company’s growth potential, but historically it has been difficult to get reliable data on the effect that intellectual property has on the wider economy. 

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Patents and the U.S. Economy

History has shown us that patents and intellectual property are vital to a successful economy in the U.S.

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The Future of Invention – What’s at Risk?

Last week, Intellectual Ventures co-founder and CEO Nathan Myhrvold addressed congressional staffers, media and the public in Washington D.C. In typical Intellectual Ventures style, the conversation ranged from cookbooks to cartoon villains but much of the discussion, moderated by patent scholar and George Mason University Law Professor Adam Mossoff, focused on the potential impact of patent reform.

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GAO Reports “Misplaced” Focus on NPEs in Patent Litigation

The U.S. Government Accountability Office (GAO) issued its much-anticipated report  today on the increasing volume of patent litigation and the role of non-practicing entities – aka “trolls” –that own patents but don’t actually manufacture products based on those patents.   

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On This Day in IP History

Today marks the 223rd anniversary of the modern American patent system. On April 10, 1790, President George Washington signed the United States’ first patent act, giving the members of the Patent Board authority to grant a patent and inventors the rights to their creations. The Act defined a patent as "any useful art, manufacture, engine, machine, or device, or any improvement thereon not before known or used" and applicants were required to provide a patent specification, a drawing and, if possible, a model. Fees for a patent were between $4 and $5.

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A Look at the Tenure of USPTO Director David Kappos

In late November 2012, USPTO director David Kappos announced that he would step down from his post this month. As his tenure draws to a close, we thank Director Kappos for his commitment to enhancing patent quality and defending the value of intellectual property, and take a look back at some of his most notable achievements during his tenure.

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White House Report Extolls Value of IP

“To promote the Progress of Science and useful Arts, by securing for limited Times to Authors and Inventors the exclusive Rights to their respective Writings and Discoveries.” These 27 words in Article 1, Section 8 of the U.S. Constitution, known colloquially as the Patent and Copyright Clause, have had perhaps a more profound effect on our economic structure than any other U.S. document, creating the foundation for our modern patent, copyright and trademark systems. In the Federalist Papers, James Madison wrote of it that “the utility of this power [to issue copyrights and patents] will scarcely be questioned.”

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Observations on the America Invents Act

On September 16, 2011, President Obama signed into law the America Invents Act (AIA), enacting the most significant modifications to U.S. patent law since 1952. This legislation is as complicated as it is impactful, and I wanted to share some of the most important changes from our perspective at Intellectual Ventures: 

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Congress Passes Landmark Patent Reform Bill

Today, Congress passed the America Invents Act (H.R. 1249), a hard-fought piece of legislation which brings certainty back to the patent system. At Intellectual Ventures, we believe ideas are valuable, and a strong patent system is critical to protecting the ideas of this generation’s Edisons, Wrights and Salks. If implemented properly, the America Invents Act will help to foster an environment where invention and innovation can thrive.

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