David Cavanaugh
Partner, Wilmer Cutler Pickering Hale and Dorr
Intellectual property
options
- patents
- trade secrets
- copyright
- trademarks
patents
- "protects" products, systems, materials, and methods
- almost anything can be the subject of a patent
- including new combination of old elements
- does it provide adult video download advantages over prior art (is it faster, cheaper, easir to use or build, etc...)?
what is a patent? (cont.)
- must be novel, non-obvious and useful
- protection defined by "claims" as allowed by US Patent Office
- can take 2-3 years, $25,000+ to obtain a patent in US
what does a patent do?
- gives the holder a right to exclude others from making, using, selling or offering for sale anything that the claims cover
- it doesn't give you any right to market it
trade secrets
copyright
- original work of authorship
- can cover software, manuals, text, graphics, arrangements or collections of materials, etc.
- protects "expression" not functionality
- ...
trademark
- word, phrase, picture, sumbol, sound, logo, etc.
- Intel Inside
- Harley Davidson
- distinguishes goods or services from those of others
- selecting a trademark
- descriptive, suggestive, arbitrary
- clearance prior to use
what IP is important
- all of it
patents
- increase the value of your company
- exclude others from using the invention
- obtain an injunction and damages agains infringer
- license patent for a royalty
- can provide marketing advantages
- may discourage lawsuits or close copeis of your products
what to do
planning
- do not disclose or attempt to commercialize ideas before filing for a patent
- make sure you own what employees and consultants create for you
- document inventions as they occur
- develop a patent strategy
- protect critical commercial products, major technical innovations
- study competitors' products and patents
what to do
you will have legal agreements that will involve IP rights
sample agreement types
invention assignment agreements
- require employees to execute written invention assignment agreements when they start employment
- absence of written invention assignment agreements and Employee Employer ownership
- patents - "shop rights"
- copyright - "works made for hire"
- trade secrets - no uniform rule
- trademarks - avoid joint ownership of trademarks
non-disclosure agreements (NDAs)
- typically used at the outset of a relationship to aid in protecting a company's confidential information
- important
- purpose
- terms of confidentiality : customers lists and current financial data vs. technology, including trade secrets
research / collaboration agreements
- sample agreements
- material transfer agreements
- contract research organization agreements
- clinical study sit e agreements
- issues to keep in mind
- ownership of materials results improvements
- issues with academia and non-for-profit organizations: ownership and publication
Questions