patents1

patents1 - THE POWER OF PATENTS THE Ten Patents That Ten...

Info iconThis preview shows page 1. Sign up to view the full content.

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

Unformatted text preview: THE POWER OF PATENTS THE Ten Patents That Ten Changed The World Changed U.S. U.S. Patent System U.S. Constitution Article I, Section 8 “... 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.” Writings Inception in 1790 (1st Patent - July 31) Provides Incentive For Creativity Promotes Advancement Of Commerce & Industry 1985 Court Case Infringement Of Instant Camera Rights Eastman Kodak Co. & Polaroid Co. 1990 - Kodak Assessed $900 Million Penalty U.S. Patent System U.S. Storied Old Days Invented Something In Attic Or Basement Got A Patent On It, Began Building It & Selling It Made A Pile Of Money, All Pretty Much Alone Modern Days Saleried Lab Worker Anonimity Of A Large Corporation Few People Make It Big Today Steve Wozniak(Apple) Edwin Land (Polariod) William Hewlett & David Packard U.S. Patent System U.S. Forefathers Not Committed To Individual Rights Dead Set Against Monopolies Patent Gives Inventors Monopoly For A Period Of Gives Years Years 17 Years Required Inventors To Disclose The Workings Required Of their Inventions Publicly For The Well-Being Of Society Of Patent Holders Could Market Product, Lease Patent Patent Rights, Sell Patent Rights, Or Sit On It Patent U.S. Patent System U.S. Industrial Revolution Of 19th Century Proliferation Of Complex Technologies Growth Of Powerful Corporations Controlled New Technologies Famous Inventors Cyrus McCormick (Reaper) Samuel F.B. Morse (Telegraph) Charles Goodyear (Vulcanized Rubber) Thomas Alva Edison (1093 Patents) Henry Bessemer (Steel Process) - 1856 George Westinghouse, Jr. (Air Brakes) - 1869 Walter Hunt (Safety Pin) Alvin Fellows (Tape Measure) Ten Patents That Changed The World The Cotton Gin Sewing Machine Barbed Wire Telephone Light Bulb Machine Gun Automobile Aeroplane Xerography Transistor Cotton Gin Cotton Eli Whitney Patent - 1794 Took Seeds Out Of Cotton Made Cotton King Made Slavery Profitable Led To Civil War Sewing Machine Sewing Elias Howe & Isaac Singer Patent - 1846 No. 4,750 Industrialized Clothes Industrialized Making Making Built Garment Industry Created First Patent Pool First Millionaire Inventors Barbed Wire Barbed Joseph Glidden Patent - 1874 No. 157,124 Wood Fences Impractical Wood For The Big Treeless Plains Plains Ranchers Could Divide Ranchers Up Range Up 173,00 Tons A Year Sold Telephone Telephone Alexander Graham Bell Patent - 1876 No. 174,465 J.P. Morgan - Non-profitable J.P. Invention Invention Created AT&T World’s Largest Company Controlled All Controlled Telecommunications Telecommunications Federal Antitrust Suit - 1984 Light Bulb Light Thomas Alva Edison Patent - 1880 No. 223,898 Symbolized Inspiration & Symbolized Invention Invention Became Important When Became Power Distribution Network Was Established Was ...
View Full Document

Ask a homework question - tutors are online