Tag Archive : Patent

/ Patent

Technology giants such as Alibaba and IBM are eating startup innovators’┬álunch. These behemoths are seeking to devour even more market share by publishing patents at unprecedented speed in emerging technologies such as blockchain.

As some of the richest companies on the planet, the corporations have the resources to manage the laborious search of existing patents and to overcome the outdated administrative hurdles so that they can file for intellectual property rights.

Patents are definitely old school. Patent laws started with the rise of the nation-state, so they began in the 18th century and were then fully developed in the 19th century. Some changes may have been made to reflect new technologies, but the basic patent laws haven’t evolved to meet the needs of the 21st century.

We’re patenting ideas based on today’s high-tech of artificial intelligence and blockchain with laws that were established centuries ago.

All this puts early-growth

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Importance of intellectual property while launching a new innovation in software

Well, it depends on the type of innovation and the product. For example, there is a mobile game which has a character of a new movie. For a few months, that game may be hit but after sometimes, it is expected to fade quickly. Therefore, inventions based on movement or actions of any specific character, may not be worth although possible to patent.

For other products, patent plays an important role. In 1980’s SPC (Software Publishing Company) had the leading presentation software called ‘Harvard Graphics’. Harvard Graphics is very popular for conferences and presentations. Especially, for people doing business, this software was the standard for conference and conference room presentations. It costs around a hundred dollars on floppy disks. Although there were many other presentation software programs at the time Harvard Graphics was the leader in the market.

After … Read More