What is a Patent? A patent is a form of intellectual property that offers patent owners exclusive rights to use and exploit their invention. Once the owner of an invention has been granted a patent in any particular country, they then have the legal authority to exclude others from using or exploiting the invention in that [...]
Patents protect inventions, how they work, what they do, what they are made of and how they are made. A Patent gives the owner the right to prevent others from exploiting their invention without permission. Your invention can be exploited by others who copy, make, use, import or sell your invention. A Patent is also [...]
What are Patent Trolls? Patent trolls are people or companies that own patents portfolios and simply license the patents to other entities rather than produce the products themselves, and then they usually sue companies that do not agree to their licensing terms. Patent trolls include a party that does one or more of the following: [...]
Why should your business plan for 2013 include intellectual property? Creations of the mind are the driving force of a successful business and therefore, safeguarding such intellectual property from unauthorized use by competitors is becoming increasingly critical for retaining a competitive advantage. The registration of intellectual property such as patents, trade marks and designs provides [...]
Apple‘s patent application for a universal battery system has been approved. The patent application was filed in March 2010 and described as a “method and system for recharging batteries for wireless electronic devices”. The patent describes a system that could have standard, rechargeable batteries that are able to power a multitude of devices. Most Apple [...]
Case Number: 11-01846 Apple vs. Samsung Location: U.S. District Court for the Northern District of California. Judge: Lucy Koh Jury: Judge Lucy Koh interviewed 74 candidates to find the final 10 jurors that will have to decide on all the patent claims between Apple and Samsung. They awere asked a wide range of questions including [...]
An artificial jellyfish called Medusoid was invented by Kit Parker, a biophysicist at Harvard University in Cambridge, and his team of bio-engineers by using silicone and muscle cells from a rat’s heart. Medusoid looks like a flower with eight petals but when it is placed in an electric field, it starts to pulse and swims [...]
Companies that spend money on research and development projects benefit from tax in terms of the provisions of section 11D of the Income Tax Act. This Act encourages companies to spend more money on research and development which will then help to ensure that local research and development is not at a global competitive disadvantage. [...]
Home | Copyright © Smit & Van Wyk, Inc