1-28-10 Patents Lecture-Brad Shaw

1-28-10 Patents Lecture-Brad Shaw - 2 New Product Design...

Info iconThis preview shows pages 1–12. Sign up to view the full content.

View Full Document Right Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 2 New Product Design and IP Presentation to ENGINEERING January 28, 2010 Brad Shaw Technology Manager MSU Technologies 3 Lance Armstrong Dr. Barnett Rosenberg carboplatin 4 4,339,698 Control Apparatus for Windshield Wiper System 5 Your Eureka Moment(s) Eureka Moment the moment of discovery; attributed to Archimedes, on discovering a method for determining the amount of gold of King Hiero's crown. 6 Intellectual Property 1. Trade Secrets - $1,000 2. Copyrights - $50 3. Trademarks - $250-$1,000 4. Patents Design - $1,000-$1,500 Utility - $5,000 and up (say $20,000) Provisional - $700-$1,200 Litigation - $100K-$4 million 7 What is a Patent? right to exclude others from making, using, selling, offering to sell, and importing an invention. novel, useful (utility), and nonobvious to one skilled in the art and new relative to prior art. inventor(s) must disclose the best mode of the invention. SPRINGFIELD MA: In a precedence setting court action, the three top executives of American Inventors Corporation (AIC) officially changed their pleas to guilty. In federal District Court presided over by Judge Michael Sponsor they all accepted a prosecution deal which includes prison time. Ronald Boulerice , owner and president of AIC, facing a maximum sentence of 53 years, pleaded guilty to conspiracy to commit mail fraud, mail fraud, money laundering and filing false tax returns. As part of a prosecution deal, Boulerice would receive 8 years in prison , and forfeiture of all assets. Also part of the deal, his wife Judy would not be prosecuted. This arrangement still needs the approval of Judge Sponsor. Codefendant John Samson, vice-president of AIC and president of American Institute for Research and Development (AIRD) also pleaded guilty to five counts of the 18 count indictment. Samson was facing a maximum sentence of 33 years in prison. Under the agreement Samson would serve 3 years in prison , one year under house arrest and forfeiture of 50% of his assets. It was pointed out by the prosecutor William Welch that Samson cooperated substantially with the prosecutors. AIC salesman John Hoime pleaded guilty to one count of misprision of a felony. Hoime told prosecutors that he did not admit to taking part in the criminal activities, he did know that felonies were being committed and did not report them. As part of the arrangement Hoime would receive 18 months in federal prison . Patent Fraud May 8, 2008 MSU Technologies Design Patents 10 10 13 th Law of Supply and Demand (for inventors) Self-declared genius is never in short supply 11 11 Capture the IP 1) Carefully document R&D. 2) Eureka moment carefully document. 3) Search prior art....
View Full Document

This note was uploaded on 10/24/2010 for the course ME ME 497 taught by Professor Bush during the Spring '10 term at Michigan State University.

Page1 / 78

1-28-10 Patents Lecture-Brad Shaw - 2 New Product Design...

This preview shows document pages 1 - 12. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online