WHO AM I IP Strategist

Entrepreneur

Technologist

CEO

INOLYST

INTELLECTUAL PROPERTYWhy

When

What

Where

INOLYST

YOU are closest to the

CUSTOMER PROBLEM areas that need

INNOVATION

INOLYST

YOU are the driving force behind

PROBLEM SOLVING

INOLYST

Yet many of STARTUPS do not think of themselves as

INVENTORS

INOLYST

INVENTIONis the generation of new ideas aimed at solving a tech problem

INNOVATION concerns the productizing of the new ideas

INOLYST

Ideate Protect Manage Monetize

What is IPR- Classic ‘Real estate’ analogy

INOLYST

Different form of IPR

INOLYST

Patent

Trademark

Copyright Designs

Trade secrets

Semiconductor chipsets

Geographical indicators

They provide a set of exclusionary rights to the patentee for a limited period of time in exchange for public disclosure of the invention details in a patent application.

Patentable subject matter should be:

• Novel (should not have been disclosed/practiced before)

• Non-obvious (should include an inventive step)

• Useful (should enable industrial application)

Patents- an introduction

What can be patented

INOLYST

• Something that is frivolous- a medicine to make a human immortal or a perpetual motion machine

• An abstract theory or mathematical formula- the equation of relativity; Newton's laws of motion

• A thought or idea- the idea of super-fast space travel that is faster than the speed of light

• Anything available in nature - human genes

• Anything that goes against the laws of nature, public interest or morality

What cannot be patented

INOLYST

Conceptiondate

Filingdate

Publicationdate

Grantdate

20 years

18 monthsor less

Reduction to practice

date

Expirydate

Lifecycle of a patent

INOLYST

Why do companies file for patents

• Enforce against a competitor

• Prevent the patenting by someone else

• Generate license revenue

INOLYST

Why do companies file for patents

• Enforce against a competitor

• Prevent the patenting by someone else

• Generate license revenue

$3-$5 million/2-3

years

INOLYST

Why do companies file for patents

• Enforce against a competitor

• Prevent the patenting by someone else

• Generate license revenue Just publish it. Its free

$3-$5 million/2-3

years

INOLYST

Why do companies file for patents

• Enforce against a competitor

• Prevent the patenting by someone else

• Generate license revenue

$3-$5 million/2-3

years

Only 5% of patents in the

world are licensed

INOLYST

Just publish it. Its free

shouldWhy do companies file for patents

INOLYST

• It’s a marketing collateral and a credential

shouldWhy do companies file for patents

INOLYST

Your customers & partners

would appreciate it

shouldWhy do companies file for patents

INOLYST

• Have a defensive strategy than offensive

• It’s a marketing collateral and a credential

Deter infringement &

run your business

shouldWhy do companies file for patents

INOLYST

• Increases your valuation

• Have a defensive strategy than offensive

• It’s a marketing collateral and a credential

Your investors would like it and helps in your exit

• Where are your customers?

• Where are your competitors?

• Where do you wish to raise investment?

• What opportunities you have in international market?

Build your own IP Strategy

INOLYST

• Before making it in public use or selling

• When you have a prototype ready or proof of concept

• Before a product launch

When to file your IPR

INOLYST

Already existing Your solution New Product

Improving on an existing product

Your invention CANNOT be patented if it can’t be distinguished from the previous invention

INOLYST

Already existing

Your Solution

New Product

Improving on an existing product

CAN be patented

INOLYST

• I want to file a world patent

• India , EU and others - First to file

• US- First to Invent after March 2013 – First to file

• Software patents NOT allowed in India and Europe

• Software and Business method patents only allowed in US

• IP infringement is a criminal and civil offence in some countries

Law- what you should know?

INOLYST

• Public disclosure – grace period– USA, Canada (1 year) Asia (6 months) Europe,

Japan, India and most countries (0 months)

• Priority date – The date when you file

• Prior art – Public information available before you file your patent

Law- what you should know?

INOLYST

• IP strategy doesn't automatically mean filing of patents but Freedom to operate

• You need Freedom to Operate to launch your product or service

• Provisional Patent Application- file to get the earliest priority date and convert into a regular patent within 12 months

• PCT application- the applicant can delay filing of the patent application to 30 months (31 months in some countries)

Lean startup methodology --> IP strategy

INOLYST

Consider IPR WHEN IT MEANS

And

NOT when you have THE MEANS

INOLYST

Email : Dilip.kumar@inolyst.com

Website : www.inolyst.com

Twitter : @inolyst

Thank You

INOLYST