knowledge based economy and power of crowd sourcing

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September 2015 Shavrivar 23 rd , 1994 Pedram Sameni, PhD Patexia Inc. Founder and CEO [email protected] Using the Power of Expert Crowd for Innovation Patexia. 1

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September 2015

Shavrivar 23rd, 1994

Pedram Sameni, PhD Patexia Inc.

Founder and CEO [email protected]

Using the Power of Expert Crowd for Innovation

Patexia. 1

Patexia. September 2015

The world is transitioning to knowledge based economy

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Agricultural Economy

(farming)

Post-Industrial Economy

(services / mass

production)

Industrial Economy

(manufacturing)

Knowledge Economy

(technology and human capital)

Patexia. September 2015

What is Intellectual Property?

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Academic Description •  Intellectual assets are the intangible assets of the company: •  Intellectual Property: Patent, Trade Secret, Trademark, Copyright •  Other Intellectual Capital: Know-how, human capital , experience, knowledge, insight. Legal Description Intellectual property is the legal right that can be asserted in court

Patexia. September 2015

Putting IP Value in Perspective

The ratio of tangible to intangible assets has been reversed over

the past four decades. 4

Patexia. September 2015

The Importance of Intellectual Property: Who gets the profits from the iPhone?

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Patexia.

Classic Product Life Cycle

Growth Busi

ness

Per

form

ance

or V

alue

Market share

Core

Mature

Decline

September 2015

6

Patexia.

Increasing Levels of Patent Litigation

September 2015

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•  Patent lawsuits are more than 6000 per year •  Average cost of litigation is $2M or more (not including the settlement cost) •  More than 70% of patents may not be valid

Patexia.

History of Patexia

Founder Pedram Sameni, former head of IP at International Rectifier

Founded June 2010

Headquarters Santa Monica, California

Mission Use the power of technology, collaboration and information to bring more transparency and efficiency to IP

Model A platform for connecting IP intensive businesses to subject matter experts

Network Thousands of technical, legal and business professionals

Clients High-tech and bio-tech industries, law firms and IP service providers, universities and research labs

Science & Tech

h

Business

Legal

IP

September 2015

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Opening the Way for Innovation

Patexia.

Patexia: who we are and what we do

September 2015

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Generate IP Monetize IP Protect / Defend IP Manage IP

Patexia.

Contract with NASA and Collaboration with USPTO

September 2015

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The Solution: Building a Bridge

Patexia.

Solvers: Science and Tech Community

Problems: IP Intensive Organizations

Bridge

Simplify the problem Translate to technical language

Provide the right communication channels

September 2015

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Patexia.

Database A Database B Database C Database D

数据库 データベース قاعدة بيانات

Patexia’s Service: Patent Research Based on Crowdsourcing to Subject Matter Experts

Expert Community

Public Literature

Foreign Language Databases

September 2015

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Patexia.

Patexia: How to Contribute?

September 2015

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Become a Member for Free •  Participate in Patexia contest •  Networking and business opportunities •  Become a university ambassador (send emails to [email protected])

Job Opportunities •  Patexia currently has a number of openings in Software and technical fields •  Check the current openings at www.patexia.com/career.html •  Send resume and cover letter to [email protected]

You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete. — Buckminster Fuller

“ “

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Pedram Sameni Founder and CEO (424) 239-9733 [email protected]