Challenging Patent in New Way

In the Intellectual Property (IP) Wars, a new avenue has opened up. Companies have found new weapon in the form of Patent Trial and Appeal Board, in their battle against Intellectual Property lawsuits.

Why is Patent Trial and Appeal Board so important? – Yes, Patent Trial and Appeal Board (PTAB) is powerful authority that allows a company embroiled in lawsuit to skip the question as to it infringed a patent or not, but fundamentally challenge whether the patent should have been issued in first place. Questioning the fundamental or the premise as to why a patent was issued at the outset undermines the value of IP which should have been in place to begin with. A whole new paradigm is there to analyze and discuss. So, the reason is obvious.

Currently PTAB received over 1,000 requests to challenge patents. About 26 decisions made on these cases, most of them have gone in favor of the patent challengers. This is bound to open a whole new dimension for sure. With time, we will know more of the IP turf wars.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

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Industry-funded Academic Inventions Boost Innovation

University – Industry Collaboration has borne fruition in 2012. Record number of patents were generated by industry funded inventions on one hand and Federal sponsored inventions on the other. Patents under both these categories received exclusive IP licenses more than 75 percent of the time. This measure serves as clear indicator of wider acceptance of industry funded innovations.

During the period 1990-2005 the industry funded programs at University of California produced many inventions resulting in as many as 12,515 patents. Of these, at least 1,500 came out of corporate funds.

Another metrics to look into is “forward citation” – where in the original research is quoted in all subsequent patent filings. Higher the number of citations, greater is the valuation of that patent. Again bulk of the citations credit go to Industry sponsored research & patents.

A interesting to note is that IP’s generated under sponsored research gained more licenses to third parties than the conventional route. A report from Brian D Wright points out that University of California system accounted for 9 percent of total academic research expenditure – quite a distinctive achievement by any measure. It stands second only to MIT in producing highest number of patents. In 2011, John Hopkins University stood on top (USPTO report) in terms of research spending. UC San diego ranked 6th in terms of R & D expenditure.

On the flip side connotation is that under the guise of innovation corporate houses from the tobacco, food, pharmaceutical industries manipulated research questions and public discourses for their own gain and even suppress unfavorable research. Another morbid fear is the locking up discoveries for industry profits.

There are examples like BP sponsoring alternative-energy research that had to be shelved due to backlash from academic institutions on the fear of influencing university research agenda.

For details on Tech Transfer report, refer to Brian Wright’s report in University of California News Center.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

Will Apple Release iWatch?

For quite sometime, Apple’s iWatch was discussed heavily in the news columns as great Innovation from Apple and this wearable device could do wonders (do whole lot of things). Right!.

But, is this innovation coming into Market any time soon? – “Yes” and “No” based on different rumor mills going around.

The perspective for a “NO‘ – is that there are too many compromises that have to be made in this technology at this point of time. Not only that, if this a “can do a lot” type of device then Apple needs to create an entire ecosystem around this which is not to be seen.

Optec.ch – discusses various reasons and challenges involved as to why iwatch will not be out sometime soon.

So, how soon is it going to come, is “wait and watch” or rather “i keep watching” game for now.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

Universities Patent Licensing Income Rise in 2012

Licensing income of Universities increased in 2012. Association of University Technology Managers (AUTM) report points out that:

  • 22,750 patent applications were filed
  • 5,145 US Patents were issued
  • 5,130 licenses were executed
  • 483 licenses contained equity
  • 40,007 active licenses
  • 591 new commercial products created
  • Total licensing income was $2.6 Billion

Since the enactment of Bayh-Dole act, Universities created about 10,000 companies. Out of these 4,002 start-ups are still in operations. In 2012, 705 university start-ups were launched.

In 2012, Northwestern University had 191 million dollars IP licensing income. Gross income of Top ivy league schools experienced an uptick in patent licensing income. Princeton university topped with over $129 million in revenue. Columbia university royalty income should at $100 million.

There was 8 percent uptick in Invention disclosures. Running royalties are $1.9 billions. Another interesting fact is that 43 SBIR/STTR companies were established in 2012.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

Penn State Auctioning its IP Licenses through I-PAW Website

Penn State university is auctioning its IP Licenses online. This is a novel attempt by Penn State to ensure that they rise the licensing revenue from this auction.

Engineering patents will be auctioned from March 31 through April 11th 2014. Bidders need to create an account to participate in the auctioning of Engineering patents.

I-PAW – Intellectual Property Auction Website – is accessible at this link.

This is innovative way to promote licensing of technologies and ensure commercialization and revenue recognition. In this auction process the buyers get the rights to use the IP, and the University gets a financial return – making it a win-win situation for both entities. The University’s Office of Technology Management will make licensing agreements with the winning bidders.

For more information visit this link.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

US Dominates 2013 Patent Filings at European Patent Office

United States continues to dominate Patent Filings at European Patent Office in 2013.

  • Highest ever patent filings by US companies
  • GE and Qualcomm are biggest patent filers
  • Medical, Biotech, Computer and IT technologies are top categories

US companies filed almost 25 percent of the European Patent filings. The demand for patent protection was up again in 2013.

Of the 66,700 European patents granted, 14,880 patents were granted for US companies. Majority of these filings are from Medical, Computer, IT and Bio-technologies.

Samsung, Siemens, Philips, LG and BASF are the Top 5 patent filing companies at the EPO. GE and Qualcomm are the only US companies that made it to the Top 10 filers in 2013.
For more information refer to this link.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download of the eBook, click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.

End of Windows XP Soon! – Is there a Impact on the IP’s?

Is there a impact in the IP’s?

Microsoft has announced that on April 8th 2014 it is pulling the plug on Windows XP operating system and will not be supporting it going forward.

About 30% of the Windows user base is running on Windows XP. That’s quite a lot. Will the transition be smooth? If you don’t (as Windows XP user) switch over then security risks are high to be on De-supported operating system as you will not have any security updates, patches etc. to keep the machine safe.

Here is the choice that has been provided by Microsoft.

You can validate whether or NOT you are running on Windows XP. The URL is: http://www.amirunningxp.com/

In case you are running on XP, it will walk through on how to get to new version.

For more information refer to this link.

Another aspect to ponder is how many patents were leveraged in building Windows XP system. And now with it’s days numbered how many of the IP’s will be re-purposed or will they fade with XP as well? We don’t have answers but may get insights down the line. Hope so!.

Kameshwar Eranki is CEO of VajraSoft Inc. He is author of the eBook – Managing Innovations for Profitable growth. For free download click here.

About VajraSoft Inc. – VajraSoft Inc. is Intellectual Property (IP) Management Software company, helping customers manage innovations and monetize IP’s. Our award winning products empower businesses and IP law firms to automate the patent filing cost estimation process of creating cost estimation quotes for filing a patent in any country globally. VajraSoft Inc. PatFolio helps customers with Invention Disclosures Management, Drafting Patent Applications, filing, managing patent prosecution life cycle and patent maintenance.

VajraSoft Inc. is Master Class IP Solution provider, and its products won several Cloud awards including – UP Start Awards for Best Industry Application for 2012. Silicon India magazine listed VajraSoft Inc. as Top 100 Technology companies in US for 2013. VajraSoft Inc. is also Finalist of StartmeupHK Venture Program, conducted by the Govt. of Hong Kong and UP Start Cloud Award for Best BI / Analytics Application for 2013.