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4 - Intellectual property and licensing

Published online by Cambridge University Press:  03 November 2022

Shreefal S. Mehta
Shreefal S. Mehta
Affiliation:
The Paper Battery Company
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Summary

How do you read a patent and what subject matter is patentable? What is the purpose of a patent? Who is an inventor on the patent if work is done by many people on the project? What is the process of obtaining a patent in my country and globally? Read this chapter to see how you could lose commercialization rights to your own invention. When exactly does an invention or idea become patentable? Once you own a patent, how can you make money from it? What is the process of licensing and the key terms that should be negotiated in such a license agreement? What is the use of a copyright or a trade secret in biotech? What exactly constitutes patent infringement ? These questions and many others are addressed in this chapter on intellectual property.

Keywords

patentrightscostPCTUSPTOinventorfilingprosecutionpriority dategrace periodinfringementfreedom to operatefreedom to practicetrademarkscopyrightdesign patentutility patentpublicationinterferencetrade secretslicensingBayh–Dole Acttechnology transferuniversity licensing officebiolerplate clausesexclusive licenseterm sheetpartial licensebusiness modelbiotechmedtechmedical devicesdiagnosticspharmadrug
Type
Chapter
Information
Commercializing Successful Biomedical Technologies , pp. 122 - 162
Publisher: Cambridge University Press
Print publication year: 2022

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References

References and additional readings

Goldscheider, R. (2003). Licensing Law Handbook: The New Companion to Licensing Negotiations. St. Paul, MN: West Group Publisher.Google Scholar
Lerner, PL, and Poltorak, AI. (2011). Essentials of Intellectual Property. New York: John Wiley & Sons. ISBN: 978-0470888506Google Scholar
Mowery, DC, Nelson, RR, Sampat, BN, and Ziedonis, AA. (2004) Ivory Tower and Industrial Innovation: University-Industry Technology Transfer Before and After the Bayh-Dole Act in the United States. Stanford, CA: Stanford Business Books. ISBN: 9780804795296Google Scholar
Smith, GV, and Parr, RL. (2005). Intellectual Property: Valuation, Exploitation, and Infringement Damages. New York: John Wiley & Sons. ISBN: 047168323XGoogle Scholar
U.S. Department of Commerce. (2008). Patents and How to Get One: A Practical Handbook. BN Publishing. ISBN: 0486411443Google Scholar

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