19. Invention, intellectual property and income

This week was about the life cycle of an invention, patents, copyrights, about protecting our ideas, raising funds and getting into business.

This week’s assignment is to assume success and develop a plan for dissemination of the final project. In addition to this, we have to prepare the draft of the summary slide (presentation.png, 1920x1080) and video clip (presentation.mp4, 1080p HTML5, < ~minute, < ~10 MB) and to put them in our root directory

How to Apply for patents

Patent laws are intended to give an incentive to the individuals who comes up with a useful idea by giving a temporary monopoly over the use of the idea BAsically there are two kinds of patents 1.Design patents 2.Utility patents

A design patent is a form of legal protection granted to the ornamental design of a functional item. Design patents are a type of industrial design right

A utility patent is a patent that covers the creation of a new or improved—and useful—product, process, or machine. A utility patent, also known as a “patent for invention,” prohibits other individuals or companies from making, using, or selling the invention without authorization

The patent document has to describe how to practise the invention.

After the description, a precise claim is written down, for which the patent is granted.

Patents are not granted globally but nationally. One has to obtain a patent in each country and pay separately for that. The submitted patent will be examined by the authority of the country which is a very slow process. The Patent Cooperation Treaty (PCT) helps in filing patents across multiple countries by easing up the examination process.

The major objective of applying patents is that to keep the business secrets from public intevences and to get the things closed.

Primarily an individual can file for a provisional patent which valids for one year and he/she can manage the fee and other formalities during that time.

Copyright law is not for an invention and applies to creative works including technical creative works like cad design, software programmes,circuits etc.

It restrict the idea being shared by another person

Copyright covers the terms under which the work can be reproduced, modified, distributed, performed, displayed etc.

Only individuals can register a copyright. The ideas has to be written down in a physical form in order to get protected by copyright.

Copyright is for lifetime.

There are many free copyright licenses like Creative Commons, GNU GPL,GNU LGPL, BSD, MIT, Apache license etc.

The general goal of copyright is to share it for the larger good. Websites like Gitlab, fab cloud, instructables etc are examples of copyrighted sharing.

Only the copyright law makes sense for the student documentation. It is required to add a license for our work and the below links describe the process for the most commonly used licenses. More importantly, the “collective intellect” wherever used in the documentation is to be properly attributed.

Income & Business

Basically the one with the vision of changing the world or serving others will lead into a good business.The others just go into the business only in terms of making money and becoming rich often ends in collapse of the whole business.

Business can be done in terms of service,selling,ideas,art expected

Various kind of business protocols are there..like the canon printers focuses major business in selling the crtring ,google sets their service free and they charge the usage and contents ,ex amazon services commissioning etc.

Almost every business plan fails when it turns to reality. Every business works when the number is less than 10, but fails over a larger market. The common reason for failure are lack of funds and lack of management. It is where the accelerators, incubators and manufacturer incubators comes into play. These helps to turn the idea/invention into a business by giving help to line up manufacturers, by protecting the invention, by marketing and creating markets, by building a management team etc.

Plan for the dissemination of the Final Project.

Since fab academy has given the freedom for selecting the patent type I will rather go for a product patent.Even though my final project is an advancement of an existing technology but I wish my works in fab academy licensed using the Creative Commons Attribution-ShareAlike 4.0 International License

It is much easier to create and satisfies most of my needs .You can easily create a license using “creativecommons.org” page. Creative Commons License

Making the Business

The Final project as a product does not qualify to be directly distributed to a market for the refinements it demands. Before manufacturing the end product after refinement, the potential market has to be identified and studied

My product is about advancing an existing product.

So while Getting into the market the useability has to be defined and make a common procedure

So that the customers will adapt the technology

For that samples of the product will have to be available for testing

The design should be made more interactive with thee users by avoiding all complexity.

So the product requires wide range of advertisements and require a huge fund for human interactions.