Patent infringement

INTRODUCTION: An adulterant is a chemical substance which should not be contained within other substances (e.g. food, beverages, and fuels) for legal or other reasons. The addition of adulterants is called adulteration. The word is appropriate only when the additions are unwanted by the recipient. Otherwise the expression would be food additive. Adulterants when used in illicit drugs are called cutting agents, while deliberate addition of toxic adulterants to food or other products for human…

“What makes a great idea great?”(page# author). Throughout Steven J. Paley’s novel The Art of Invention, Paley answers this question and many more as he vividly illustrates how great inventions contain three essential characteristics: simplicity, elegance and robustness. This book, written for the aspiring inventor, describes how inventing is a creative act, and offers detailed guidance on how to refine your own creativity and vision. Paley uses his experiences as well as real-world examples to…

In the reading Lost Einstein: How exposure to innovation influences who becomes an inventor, the authors’ dive into the factors that induce people to become inventors. There are 3 main lessons for authors’ analysis. First, there are large disparities in innovation rate by socioeconomic class, race, and gender. For example, children from top 1% of income are more likely to become innovators than children from the below-median income family. Second, exposure to innovation increases the chance for…

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…

Intellectual Property Law is a very panoramic assemblage of law; its regards Patents, Trade Marks, and Copyrights. Intellectual Property establishes a very critical role in the improvement of consumer enterprise and acts a driving force for innovation. IP 's are adverted as “ownership of the mind 's products”(Cooter, Ulen, 124); Intellectual property is secured by the law through patents, copyrights and trademarks; this protective screening allows individuals(inventors) the prospect of…

expire each year. The dramatic increase in price is due to the monopoly that EpiPen has over the industry of epinephrine. After a company creates a unique drug, it is issued a patent that prevents any other sellers from entering the industry, giving the single company the power to charge whatever price that they see fit. Patents give pharmaceutical companies monopolies…

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 patent, since his invention…

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…

the labor laws in these countries are so poor, Nike only has to pay a fraction of the cost of production if it was done in the United States. The impact of the Punta d Este GATT meeting on today’s intellectual property rights is that instead of the patent insuring the final product of the invention, it insured the entire process including the end result. This made sure that countries could not innovate and use the previous ideas of major corporations to benefit their local…

In Diamond v. Chakrabarty Case (16th June, 1980), the Supreme court has ruled that businesses that develop modified organisms should be able to preserve their property rights by patenting such organisms. This is because the court believed that the innovator of a new idea shoud be recognized and deserved some credit when others used. Moreover, the court argued that the worthwhile idea can benefit society as a whole if it was widely available. (Princeton University, n.d.) Actually, the law for…