Innovation andintellectualpropertyDr.MScBertSadowskiTechnischeUniversiteitTUeEindhovenUniversity of TechnologyWhere innovation starts
Innovation and intellectual property Dr. MSc Bert Sadowski
Structure(1)Whatareintellectualpropertyrightsandwhatisapatent(2) Role of patents: as mechanisms to motivate inventionand to appropriate returns.Tradeoffsbetween incentive toinnovationandallocativeinefficiency(3)PatentsandLDC(somepreliminaryissues)Technische UniversiteitTUEindhovenUniversity of TechnologyEconomicsofInnovation2013
Structure (1) What are intellectual property rights and what is a patent (2) Role of patents: as mechanisms to motivate invention and to appropriate returns. Tradeoffs between incentive to innovation and allocative inefficiency. (3) Patents and LDC (some preliminary issues) Economics of Innovation 2013
(1)IntellectualpropertyrightsanddefinitionofpatentTechnische UniversiteitTUEindhoveneUniversity of TechnologyEconomicsofInnovation2013
(1) Intellectual property rights and definition of patent Economics of Innovation 2013
2Intellectual property rights0Definitionof WorldTradeOrganization(WTO)onIntellectualpropertyrights (IPR):.“Rights given topersons over the creations of theirminds.Givethecreatoranexclusiverightovertheuseofhis/her creation fora certainperiod of time.".Forms:-(i)Copyrightandrightsrelatedto copyright;(ii)Industrialproperty(trademarks,patents,industrialdesigns,tradesecrets)(Greenhalgh&RogersCh.2)TechnischeUniversiteitTUEindhoven一UniversityofTechnologyEconomicsofInnovation2013
Intellectual property rights • Definition of World Trade Organization (WTO) on Intellectual property rights (IPR): • “Rights given to persons over the creations of their minds. • Give the creator an exclusive right over the use of his/her creation for a certain period of time.“ • Forms: − (i) Copyright and rights related to copyright; − (ii) Industrial property (trademarks, patents, industrial designs, trade secrets) (Greenhalgh & Rogers Ch. 2) Economics of Innovation 2013
Definition of a PatentAcontractbetweenaninventoranda state(patent-grantingauthority)Patents are grantedtoinventions whichare Novel, Inventive (non obvious),suitableforIndustrialApplication(useful)when considered againstthePriorArtStateInventor1. Protectionforabout20years1Publicationoftheinvention2.Exclusiverightstoproduce,use,http://worldwide.espacenet.com/http://patft.uspto.govlsell and importtheinventionhttp://w3.tue.nl/nl/diensten/bib/digibitorecoupR&Dinvestmentb/zoeksystemen/az/diiltostrengthenmarketpositionandtospreadnewtechnicalknowledgecompetitivenessto avoid R&Dduplicationstrategic patentingTechnische UniversiteitTUEindhovenUniversity of TechnologyEconomicsofInnovation2013
Definition of a Patent • A contract between an inventor and a state (patentgranting authority) Inventor 1. Protection for about 20 years 2. Exclusive rights to produce, use, sell and import the invention • to recoup R&D investment • to strengthen market position and competitiveness • strategic patenting State 1. Publication of the invention http://worldwide.espacenet.com/ http://patft.uspto.gov/ http://w3.tue.nl/nl/diensten/bib/digibi b/zoeksystemen/a_z/dii/ • to spread new technical knowledge • to avoid R&D duplication Patents are granted to inventions which are Novel, Inventive (non obvious), suitable for Industrial Application (useful) when considered against the Prior Art Economics of Innovation 2013