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    John Pemberton Patent

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    Patents. They allow an individual to own their own invention. An inventor is normally thought of as someone in the world of science, but this is not always true. Is John Pemberton, the man who created coca cola not considered an inventor? Inventors are everywhere around us from chemists looking to make the next coca cola to engineers trying to optimize the production of a substance, but what happens if someone were to try and steal another’s invention and take credit for it, that is where a patent comes into play. A patent is defined as “[a] government authority or licence conferring a right or title for a set period, especially the sole right to exclude others from making, using, or selling an invention” (Oxford Dictionary). Patenting has…

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    Patent Trolls Analysis

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    NO regulation on Patent Trolls A patent troll is a person or a company which uses its patent to sue other people or companies for money. Normally, the patent trolls which also known as NPEs (non-practicing entities) or PAEs (patent assertion entities) do not produce offer products or services with their patents. They just retain their patents. Recently, Hyundai, which is the South Korea’s vehicle company, has been struggled with a Paice, which is the U.S.’s company. The Paice is a notorious NPE…

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    Utility Patent Essay

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    According to the required readings, (Findlaw, 2015) "A patent permits a patentee to exclude others from making, selling, or using the patented invention and from importing the patented invention or an article made by a patented process into the United States". Based from my findings from the "Readings ", Utility patents provide protection for useful inventions, which may be processes, machines, articles of manufacture, or compositions of matter. Its logical that Jimmy applies for a Utility…

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    During the past years biotechnology have been vastly developed and gene patent plays a big role in the society. So what is gene patent? Gene patent is the exclusive right to a specific sequence of DNA given by the government to an individual or organization that claims to have first identified the gene. Once granted a gene patent, the holder of the patent dictates how the gene can be used for 20 years from the date of the patent. Right now, gene patent is used in many companies for research…

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    Engineering Patent History

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    to technical problems. During this process, some engineers decide to file a patent application. A patent is a legal document issued by the federal government that provides protection for an idea. The patent allows engineers to prevent others from making, using, or selling their patented invention. Patent can tell the story of the invention in a way that someone could make the invention using only the patent as a guide. The term of a patent is 20 years from the date on which the patent is issued.…

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    Patent Troll Introduction (Kirubael) The word "Troll" represents individuals who like to cause problems, arguments, or just make people upset. A Patent troll is a term applied to a company or person who is trying to "enforce patent rights against accused infringer's in an attempt to collect licensing fees but do not manufacture the supply" (1). The main function of a patent troll is not to produce or sell items but just to convince third parties to purchase a license. There are two main types…

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    Patent Law Pros And Cons

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    When people think of the patents they automatically think protection. A closer examination of patents connected to the field of software indicates that companies are abusing patents, which demonstrates an undermining of the integrity of patent law. Currently many powerful companies retain a great quantity of patents and this is leading to an unfair situation in the software world. One person can hold a patent and this prevents other from creating something even better if it is remotely seen as…

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    The efficacy provision in the Patents Act of 2005 for India was necessary because it prevented other medications that were a new form of an existing drug from being patented. Any company trying to introduce a new medication was required to show proof that the medication had more effectiveness than an existing drug. In regards to the patent provisions in India, the provisions were put in place for many different reasons. In 1970, India Parliament adopted a new Patent Law that prohibited foods…

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    Status Quo: Patents Encourage Innovation The two ideas that raise the most to support the positive role of patents to encourage innovation are: a) The utilitarian-based argument; and b) The Knowledge spillover argument. a) Utilitarian-Based Argument The solidest theoretical explanation about patents is the utilitarian incentive-based argument. In which patents reward the inventive skills of the innovator to continue working beyond in such field (Rai & Jagannathan, 2012). Patents encourage…

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    When patents on genes were first granted it stirred up quite a controversy, since then there have been quite a bit of papers that support and oppose gene patenting. In their respective articles, Michael Crichton and John E. Calfee both discuss the controversial topic of gene patents; however Crichton is against gene patents and Calfee is for gene patents as an economist and brings up the pros of gene patents in his article. In their articles both of them talk about obtaining a patent from the…

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