session 3: realizing the value of ideas
TRANSCRIPT
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SESSION 3: REALIZING THE VALUE OF IDEASJosh Malone, Inventor of Bunch O Balloons
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The Inventor
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The IP Bridge
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The Patent Trial and Appeal Board
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Inventors: Thou Shalt Not Pass
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My History with Inventing
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My Invention
2017 Knock-off
2016 Knock-off
2015 Knock-off
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Dispute???• §112(b) “substantially filled”• §112(b) “filled state”• §112(a) “press against”• §103 Saggio, Cooper
Donaldson, Lee• “common face”• “second end”• “elastic fastener”
1. An apparatus comprising: a housing comprising an inlet and a plurality of outlets;a plurality of hollow tubes…a plurality of containers…anda plurality of elastic fasteners, each elastic fastener clamping a …container to a …tube,…the restriction of each elastic fastener being sufficiently limited to permit its respective container to detach from its respective tube upon one or more of (1) at least partially filling the container with fluid and (2) shaking the housing;…they press against each other, regardless whether the…containers are in a filled state or an unfilled state.
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By the Numbers• 6 patents• 8 PTAB petitions• 14 trips to Federal Circuit• 7 cases in District Court• 5 years of litigation• 4 preliminary injunctions• 1 jury verdict• 29 lawyers• 2,800 docket entries• $20M+ legal expense
Legal Issues• PTAB constitutionality• PTAB due process• Article I/III Conflict• Examiner/APJ Conflict• Packard v. Nautilus• Venue – Regular Place of Business• Licensee standing / lost profits• KSR - prima facie burden shifting
IP Bridge Girder #1:TOLL FUND $75,000 Per Week
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IP Bridge Girder #1:POLITCAL INFLUENCE
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1790 2006 2018
1999 Inter Partes Reexam2006 Ebay2011 AIA / PTAB2018 Oil States
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The Bridge to Market for Inventions
• Invent for pleasure/hobby• Invent as a philanthropist• Invent with of a benefactor• Invent for profit in Germany or China• Invent and protect as trade secret
• Reduced Innovation• Knowledge Retarded • Protectionism, mercantilism
isolationism, trade wars