John Kao, an expert on innovation from Harvard, claims the U.S. is experiencing a brain drain as foreign scientists and engineers return to their native countries for better opportunities. Even more alarmingly, other countries are luring away U.S. born scientists and engineers. Much of our venture capital industry is investing their resources outside the U.S. Those venture capital funds not invested overseas are often part of the walking dead, no longer actively investing. 
(more…)

For a businessperson to be able to make an informed investment decision, he needs to know the cost and timeframe the investment will require and compare them to economic benefits. Today I am going to present the costs associated with obtaining a patent in a traditional patent acquisition timeline. After this, I will discuss how these costs can be deferred to lower the risk of an investment in a patent. 
(more…)

Should you own a patent that is being infringed, your only course of action is to file a lawsuit against the infringer. There are patent owners who have launched patent infringement lawsuits that resulted in multi-million dollar awards for patent-owner-plaintiff. That’s the good news. The bad news is that mounting a patent infringement lawsuit can easily cost millions of dollars! There are two elements to the cost structure of a patent infringement lawsuit.
(more…)

There are several possible outcomes to a patent suit (or, more formally and correctly, a patent infringement lawsuit).
(more…)

<p>The first and the legal representative can file patent application in India or assignee of the inventor can file true inventor and it. Although you can jointly or personally file the application, the ones filed by <a href="http://www.lexntech.com/patent-attorneys-india.html">patent attorneys</a> will need a legitimate proof of the assignment. It can be directly filed at the official Indian patent office or through a patent cooperation treaty that has corresponding Indian applications or even through conversational patent application. These patent services or offices are located at four areas in India, which are Mumbai, Chennai, New Delhi and Kolkata.</p>
(more…)

Your company has developed a really nifty new product. Should you file for a patent, and should you trademark the product’s name? Like so many other things in life, business, marriage and sports, it depends.
(more…)

Patents give inventors the exclusive right to use something they've invented. What can be patented varies from nation to nation. For instance, business processes can be patented in the United States. In other countries, that's not always the case.
(more…)

Some 100 patent lawsuits reach the courtroom every year and around 40 percent of them result in patents being invalidated. Not only do these cases drain hundreds of millions of dollars from the economy, but they cost the litigants quite a bit, too–more than a million dollars a pop, on average.
(more…)

<p>The product patent rule was amended on May 11, 2006 and as a result the newly formulated rule brings in much more transparency and decentralization of the functioning of patent office India. As per the changes patent applications have to be published within a period of one month after the expiry of official 18 months. In case if the party involved requests for an early publication such application should be published before one month starting from the date of request.</p>
(more…)

It is said, in philosophical circles at least, that there is no such thing as original thought. Whether or not this is true is up for debate. Although many great inventions come into being year after year following a patent application; there are numerous cases where one inventor has been pipped to the post by another after what can only described as a simultaneous bloom of identical ideas. In fact, the incarnation of the most widespread communication device, the telephone, is a perfect example of such a happening. Incidents such as these are why anyone with a patentable idea should employ the services of a Patent Attorney. To understand what to expect from a Patent Attorney, one must first understand what a patent is and why a person submits a patent application.
(more…)