Intellectual Property; Perspectives - Shanta R Yapa

Open University of Sri Lanka

Intellectual Property -Perspectives

Shanta R YapaChief Operating Officer

Epic Research & Innovations (Pvt) Ltd

What is intellectual property?

• Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce.

WIPO

Shanta R Yapa, IP Perspectives @ OUSL, June 2017

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How to protect IP?

Inventing, Innovating & Patenting - Shanta R Yapa - SLAAS - September 2016

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Are we serious about patents?

• Number of patents

• How to protect IP? Are patents mandatory?

• Open source?


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Top inventors 2015


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Who are the global leaders in 2016?


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Is this limited to domain experts?


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Do patents guarantee success?

The Kodak moment !?


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Do patents guarantee success?


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Let’s look at how Sri Lanka is doing..


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Patent Cooperation Treaty


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The Patent Cooperation Treaty (PCT) is an international patent law treaty, concluded in 1970. It provides a unified procedure for filing patent applications to protect inventions in each of its contracting states. A patent application filed under the PCT is called an international application, or PCT application.

The USA story

• 190+ universities owning 72,000+ patents and top 6 universities own a cumulative number of 10,000 + patents


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Technology commercialization statistics - example

Fiscal Year 2010 2011 2012 2013 2014

Disclosures 255 250 321 331 343

New U.S. Patent Filings 66 78 115 148 138

New Licenses 67 76 71 91 154

University Startups 8 9 12 14 15

Current Revenue-Generating

Agreements399 457 426 331 429

Gross Revenues* $83.8 $10.1 $45.7$39.4

7$27.4

Outgoing Material Transfer

Agreements171 271 313 281 288

*Dollar amounts represented in millions


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Can we transform our universities?

• To create intellectual property (in the same way graduates are produced!)

• Making number of patents a KPI

• Commercializing inventions – a top priority!

• Becoming the launch pad for start ups

• Open innovation

• Crowdsourcing initiatives


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Inventions Vs Innovations

• Creativity

• Inventions

• Innovations


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Why innovations?

Innovations bring prosperity• Agriculture Produce and exports of USA then and now.

• Early 1900’s and early 2000’s

• Guess population involvement in agriculture.

Increased life expectancy• Compared to early 1900s, life expectancy has gone up by 30

years in USA in 2000s!

The list will go on..


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Types of innovation

• Product innovations

• Process innovations

• Business model innovations


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Innovation types and rationale

• Incremental Vs Radical innovation

• Disruptive innovation

• Architectural Vs Modular innovation

• Collaborative innovation

• Open Innovation

• Social Innovation

• Reverse innovation

• LIMI Vs MIBI

• User Driven Innovation

• Outcome Driven Innovation

• Lean innovation

• Responsible innovation

• Frugal innovation

• Jugaad innovation

• And many more including the 10 types of innovation


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How to invent?

• Think gaps

• Look for overlapping areas

• Inventing patents. A new technique !

– Go to USPTO, Google or any other source

• Look at nature

• Use tools


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Where to invent / innovate?

• Surely not all possible things are invented.

• Look for gaps, overlapping areas, challenge the taken for granted thinking!

• Inventing patents

- Go to USPTO, Google or any other source

• Examine national and global problems (not necessarily connected to your domain)

• How many national problems we can think of?


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How to select the best?

• We do have limited resources to invent and innovate.

• How to optimize by selecting the most appropriate ideas/projects?

• Use the EPIC formula

– Excitement, Practicability, Impact & Cost


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Thank You!

Shanta R YapaLinkedIn: Shanta Rajapaksha Yapa

June 23, 2017

Resource Person

Shanta R Yapa, Chief Operating Officer of Epic Research & Innovations (Pvt) Ltdhas over 30 years of experience in diverse fields of engineering, banking, IT andgeneral management. He serves as a member of several boards/committees ofleading universities, local and regional industry associations and policyauthorities. He has been a visiting faculty member teaching business strategy andtechnology management in postgraduate programs of 16 national andinternational universities for the past 15 years. He has supervised over 200research studies of postgraduate students.

As a visiting resource person of AITE of Asian Institute of Technology, he hasconducted management development training for public and private sectorprofessionals from Bangladesh, Nepal, Pakistan, Sri Lanka, Thailand and Vietnam.He is a certified innovation manager from SEPT, Leipzig University. The innovationtautogram, a novel tool he introduced received wide publicity among leadinginnovation websites.

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Intellectual Property; Perspectives - Shanta R Yapa

Education

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