Patents1 - U.S Patent System u U.S THE THE POWER OF PATENTS Constitution Article I Section 8 t “ promote the Progress of Science and useful Arts

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Unformatted text preview: U.S. Patent System u U.S. THE THE POWER OF PATENTS Constitution Article I, Section 8 t “... promote the Progress of Science and useful Arts, by securing for Limited Times to Authors and Inventors the Exclusive Right to their Respective Writings and Discoveries.” u Inception Ten Patents That Changed The World in 1790 (1st Patent - July 31) t Provides Incentive For Creativity t Promotes Advancement Of Commerce & Industry u 1985 Court Case t Infringement Of Instant Camera Rights t Eastman Kodak Co. & Polaroid Co. t 1990 - Kodak Assessed $900 Million Penalty U.S. Patent System u Storied Old Days t Invented Something In Attic Or Basement t Got A Patent On It, Began Building It & Selling It t Made A Pile Of Money, All Pretty Much Alone u Modern Days t Saleried Lab Worker t Anonimity Of A Large Corporation u Few People Make It Big Today t Steve Wozniak(Apple) Wozniak(Apple) t Edwin Land (Polariod) (Polariod) t William Hewlett & David Packard U.S. Patent System u Industrial Revolution Of 19th Century t Proliferation Of Complex Technologies t Growth Of Powerful Corporations w t Famous Inventors w w w w w w w w U.S. Patent System u Forefathers t Not Committed To Individual Rights t Dead Set Against Monopolies u Patent t Gives Inventors Monopoly For A Period Of Years w t Required Inventors To Disclose The Workings Of their Inventions Publicly For The Well-Being Of Society t Patent Holders Could Market Product, Lease Patent Rights, Sell Patent Rights, Or Sit On It Ten Patents That Changed The World Cotton Gin Sewing Machine u Barbed Wire u Telephone u Light Bulb Machine Gun Automobile u Aeroplane u Xerography u Transistor u u u u Cotton Cotton Gin Eli Whitney Patent - 1794 u Took Seeds Out Of Cotton u Made Cotton King u Made Slavery Profitable u Led To Civil War Sewing Machine Elias Howe & Isaac Singer Patent - 1846 u No. 4,750 u Industrialized Clothes Making u Built Garment Industry u Created First Patent Pool u First Millionaire Inventors u u u u Barbed Wire Telephone Alexander Graham Bell Patent - 1876 u No. 174,465 u J.P. Morgan - Non-profitable Invention u Created AT&T u Joseph Glidden u Patent - 1874 u No. 157,124 u Wood Fences Impractical For The Big Treeless Plains u Ranchers Could Divide Up Range u 173,00 Tons A Year Sold u Light Bulb Thomas Alva Edison Patent - 1880 u No. 223,898 u Symbolized Inspiration & Invention u Became Important When Power Distribution Network Was Established u u u t World’s Largest Company t Controlled All Telecommunications t Federal Antitrust Suit - 1984 ...
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This note was uploaded on 06/12/2011 for the course EGN 3000 taught by Professor Staff during the Spring '09 term at University of South Florida - Tampa.

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