http://xellectip.com November 6, 2015 Copyright 2008 WIPO- KIPO- KWIA INTERNATIONAL WORKSHOP FOR WOMEN INVENTORS AND ENTREPRENEURS 2010 IP AUDIT Rachna Singh Puri & Arvind Viswanathan Xellect IP Solutions, India.
Download ReportTranscript http://xellectip.com November 6, 2015 Copyright 2008 WIPO- KIPO- KWIA INTERNATIONAL WORKSHOP FOR WOMEN INVENTORS AND ENTREPRENEURS 2010 IP AUDIT Rachna Singh Puri & Arvind Viswanathan Xellect IP Solutions, India.
http://xellectip.com November 6, 2015 Copyright 2008 1 WIPO- KIPO- KWIA INTERNATIONAL WORKSHOP FOR WOMEN INVENTORS AND ENTREPRENEURS 2010 IP AUDIT Rachna Singh Puri & Arvind Viswanathan Xellect IP Solutions, India The IP Cycle November 6, 2015 Copyright 2008 3 IP Assets Trademarks Trade Secrets Distinctive signs used to differentiate between identical or similar goods Any new and useful process, machine, article, or compositions Copyrights Designs All forms of expression and production in the literary, scientific and artistic domain November 6, 2015 Patents Concern the Ornamental, Aesthetic, Usability, Ergonomic aspects Copyright 2008 4 Role of IP Business Growth Bridging this Gap Technology/Innovation November 6, 2015 Legal Protection Copyright 2008 5 Time Periods for Different Forms of IP 1 5 years Industrial Designs 2 P 0 a t y e e n a t r s s November 6, 2015 50years Forever Copyrights Trademarks Copyright 2008 6 The What of IP Audits? IP Audits – a systematic review of IP Assets of a business Owned Used and Unused Acquired IP ASSETS November 6, 2015 Copyright 2008 7 The Why of IP Audits? • To recognize any IP generated within the organization • To obtain adequate protection for all IP created in a timely manner • To avoid incurring great expenses at a later stage due to ignorance, negligence or oversight • To uncover under-utilized IP assets • To identify any legal, technology , market threats • To identify a need of collaboration and potential partners and • To enable business planners to devise informed strategies that will maintain and improve the company’s market position November 6, 2015 Copyright 2008 8 The How of IP Audits • Research Program review to include IP review to capture patentable ideas and provide early information of patent landscape • Review of existing products and the status of embedded IP- maintenance fees timelines, any new form of protection necessary? • Review of IP portfolio to uncover unutilized assets • Match the unutilized assets with potential licensing partners • Periodic freedom to operate and Infringement analyses for IP Enforcement • Documentation Audit- New Ideas, Agreements – timelines and obligations November 6, 2015 Copyright 2008 9 Becoming IP AVANTTM • The new concept to inculcate a strong IP culture across the organization • To recognize any IP generated within the organization • To obtain adequate protection for all IP created in a timely manner • To avoid incurring great expenses at a later stage due to ignorance, negligence or oversight • To maximize the utilization of IP assets, thus ensuring vital resources are not wasted November 6, 2015 Copyright 2010 10 Popular Technology Images obtained from various copyrighted sources, to which it is attributed. No liability or ownership of material is warranted by the use of these images Logos and names of products are trademarks and copyrights owned by the corresponding businesses and corporations November 6, 2015 Copyright 2008 11 Recognize this Product? November 6, 2015 Source: Jefferies & Co., Inc. Copyright 2008 12 A Typical MP3 player’s Components Components of a typical product & the corresponding manufacturers Company Description Toshiba 30GB 1.8" HDD PortalPlayer Decoder/SoC Broadcom Video decoder/processor Samsung SDRAM - 256Mbit Wolfson Microelectronics Audio codec Linear USB Power Manager/Li-Ion Battery charger National Step Down Switching Regulator Philips DC/DC converter with I 2C Interface Silicon Storage Technology Parallel Flash - 8Mbit Philips Power Management Unit Cypress PSoC Mixed Signal Controller - Touch Pad November 6, 2015 Source: Jefferies & Co., Inc. Copyright 2008 13 IP Audit • Crowded product & technology area • Several players IP Strategy Sourced in components Focused on look, feel & use aspects November 6, 2015 Copyright 2008 14 Market Share of iPod® Yearwise Growth in Market Share in Units Sold 2004 2005 2006 2007 56% 72% 72% 70% Source: http://apple20.blogs.fortune.cnn.com/2008/01/29/beyond-the-incredible-shrinking-ipod-market/ November 6, 2015 Copyright 2008 15 Exclusivity in a Crowded Area 19 US Design Patents D497,618 D472,245 Several Utility Patents Went through the whole process of examination, rejection/granting, invalidation & litigation And Others… Trademarks 3-D Shape In recent years, trademarks have been granted for such things as product shapes, colors and scents November 6, 2015 Copyright 2008 16 IP Audit necessary for IP Strategy • Decisions regarding – – – – – – Research Direction Product Launches and Sales Licensing Litigations Mergers & Acquisitions Other Partnerships • Protection Strategy – Filings • Blocking filings around competitors’ patents • Fencing filings around core technology • Filings on Critical Design Elements – Invalidation & Infringement – Enforcement • Trademark Strategy - Branding - Marketing November 6, 2015 Copyright 2007 17 Intellectual Property “If you Think it, Protect it…and if you Protect it…Measure it” November 6, 2015 Copyright 2007 18 WIPO RESOURCES FOR SMEs