Protecting one’s intellectual property implies :

1. Being able to establish the infringement :

- the patent must have been formulated accordingly - Anteriority must be proven

1. Having the resources to defend one’s rights:

- cost of patent registration and maintenance - cost of litigation (lawyers, etc) - time span until full enforcement …

a difficult, imperfect and costly process !

2

Innovation &

Entrepreneurship

Luc BEAL, 2009-10 MME3

Class #4 of 4

Intellectual Property: Definition : « The exclusive property rights pertaining to an

intellectual work » :

1. Artistic rights : applied to creations of the mind copyright and related rights

2. Industrial property. invention patent commercial brand, domain name, certification of origin

Example of Trademark infringement :

• Linksys (Cisco) sues Apple for using the « iPhone » brand

Intellectual Property

The logic of patenting one’s invention : Claim ownership and anteriority on an invention

Protect intellectual property

http://www.wipo.int/pctdb/iasr?IA=US2009038680&PAGE=HTML

The World Intellectual Property Organization (WIPO) is one of the 16 specialized agencies of the United Nations

Protecting one’s intellectual property implies :

1. Being able to establish the infringement :

- the patent must have been formulated accordingly - Anteriority must be proven

1. Having the resources to defend one’s rights:

- cost of patent registration and maintenance - cost of litigation (lawyers, etc) - time span until full enforcement …

a difficult, imperfect and costly process ! …/…

Therefore …

1.Some firms/industries do very little patentinga. SMIs (instead of patenting …) b. pharmaceuticals

2. Massive infringement also contributes to increasing market share - Microsoft Windows in the emerging world

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