FROM INVENTOR TO ENTREPRENEUR: OPTIMISIM VERSUS REALITY © Phil Thompson – Business Lawyer‚ Corporate Counsel – www.thompsonlaw.ca To many people‚ the definition of an entrepreneur is inventor who goes from the workbench to the marketplace to a major stock exchange. However the rag to riches scenario is an exception to the rule. A recent study by a Canadian economist puts reality into measured perspective. No Surprise: The Odds Are Stacked Against You In 1998‚ Thomas Åstebro conducted
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humanitarian and financial targets (break-even). For example‚ Cipla has allowed programs like the PEPFAR to provide treatments to millions of people in Africa; * Some governments (South Africa in particular) have decided to modify their nations’ patent laws to import and/or manufacture cheap generic drugs. Nelson Mandela has put a huge pressure on MNCs which were accused of focusing too much on profit. This paved way to the introduction of efficient drugs at low price by companies like Cipla in
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Introduction All countries in the world have various political environment and regimes. Political systems differ in terms of the governance‚ power and the rule of law. A political regime can be defined as structures‚ activities and processes by which given countries in the world govern themselves. Political systems can be based on either collectivism or individualism. It is essential for business to look at a country’s political environment as a vital criterion in venturing or expanding the business
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ANS: F PTS: 1 4. Licensors of IPRs are generally wary of offering licensees exclusive rights in a certain geographic area. ANS: T PTS: 1 5. Under TRIPS‚ until a pharmaceutical patent is actually granted‚ a country has no obligation to protect potential prospective rights (during the pendency of the patent application). ANS: F PTS: 1 6. Most international licensing agreements require the licensee to maintain the confidentiality of the licensor’s technology. ANS: T PTS: 1 7. Under The Companies
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PATENT ASSIGNMENT This Patent Assignment (the "Agreement") is made and effective the [Date]. BETWEEN: [ASSIGNOR NAME] (the "Assignor")‚ a corporation organized and existing under the laws of the [STATE/PROVINCE]‚ with its head office located at: AND: [ASSIGNEE NAME] (the "Assignee")‚ a corporation organized and existing under the laws of the [STATE/PROVINCE]‚ with its head office located at: WHEREAS‚ Assignor‚ has invented a certain new and useful invention (the "Invention")
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Pathology v. Myriad Genetics Supreme Court case‚ which concluded this past June. The case regarded Myriad Genetics‚ a molecular diagnostic company based in Salt Lake City‚ and its patents on genes that correlate with an increased risk of hereditary breast and ovarian cancer. Prior to the ruling‚ the company’s possession of these patents entailed that women with a family history of breast or ovarian cancer going through an checkup of their BRCA1 and BRCA2 genes – which can signal the likelihood of the diseases
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TECHNOLOGY TRANSFER‚ INTELLECTUAL PROPERTY AND EFFECTIVE UNIVERSITY-INDUSTRY PARTNERSHIPS The Experience of China‚ India‚ Japan‚ Philippines‚ the Republic of Korea‚ Singapore and Thailand WORLD INTELLECTUAL PROPERTY O R G A N I Z AT I O N THE PRESENT STUDY* IS BASED ON RESEARCH** CONDUCTED BY A GROUP OF EXPERTS UNDER THE COORDINATION OF: Mr. Risaburo Nezu‚ Senior Executive Fellow‚ Economic Research Center‚ Fujitsu Research Institute‚ Japan WITH THE PARTICIPATION OF: Chou Siaw Kiang‚ Vice-Dean
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principles of utilitarianism‚ rights‚ justice‚ and caring Becton Dickerson is one of the largest manufacturers of medical supplies‚dominates the market in disposable syringes and needles. In 1986‚ BectonDickinson had acquired exclusive rights to a patent for a new syringe invented byCharles B. Mothball that had a moveable protective sleeve around it. The plastictube around the syringe could slide down to rarely cover the needle.1992‚ a nurse‚ Maryann Rockwood‚ used a Becton Dickinson 5 cc syringeand
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made sure to properly patent all their new ideas. GEOX considers itself firstly as a technology company. The company therefore pays a lot of attention to the value of its patents‚ which is considered the core of GEOX´s success. The company invests vastly in its own R&D department‚ which cooperates with specialists‚ e.g. from universities‚ that specialise on the human body and its physics and orthopaedics to ensure continuous research. GEOX is successful because it also patents processes‚ equipment
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ABOUT PATENTS PATENTABLE INVENTIONS • A Technical Solution to a Problem • In any field of human activity • It must be NEW • It must involve an INVENTIVE STEP • It must be INDUSTRIALLY APPLICABLE | NON-PATENTABLE INVENTIONS • Discovery • Scientific theory • Mathematical methods • Scheme‚ rule and method of • performing mental act • playing games • doing business • program for
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