Patent Procurement Patent System is an Incentive-Based System in - PDF document

6/7/2011 Innovation, Jobs and Patents: Understanding the Connection Presented by Paul L. Sharer June 8, 2011 Patent Procurement • Patent System is an Incentive-Based System in Exchange for Information Knowledge <=> Protection (20 years) • Technicalities can be viewed as injustices undercutting system Page 2 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. 1

6/7/2011 Patent System File Patent Idea Application Prepare Patent Application Page 3 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. Patent System Essentially All 20 Years Prior Continuation Knowledge Patent (Prior Art) Patent Grant 3-5 Years Filing Date Page 4 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. 2

6/7/2011 Patent System Prosecute Patent Application - Negotiation with the U.S. Patent Office • 3-5 years Page 5 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. Patent System Patent Exploitation • Licensing • Sale • Enforcement (Litigation) Page 6 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. 3

6/7/2011 Patent System Prepare Prosecute Exploit Patent Patent Patent Application Application Rights Page 7 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. Investor Focus Proprietary Position (copies are readily available) • Firm business foundation • Competitive advantage Page 8 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. 4

6/7/2011 Patent System From Different Perspectives Well- Funded III IV II I Limited Funding Patent Inexperience Patent Expertise Page 9 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. Concepts to Consider • Improve Awareness • Introduce More Flexibility Thank You! Page 10 Disclaimer : The views and opinions expressed in this presentation are for discussion purposes only and do not reflect the official policy or position of Jones Day, nor do they necessarily reflect the views of the author. 5