Posted by ipeg on May 19th, 2013
To invent means to produce or contrive something previously unknown by the use of ingenuity or imagination. An inventor is therefore someone who invents, someone who devises some new process, appliance, machine, or article. When a new product appears, the person who first thought of it, and who first defined what the product should be, is recognised as the inventor. While many people may be involved in building the product and bringing it to market, the innovator is the person who provided the original idea that helped to define and shape...
Posted by ipeg on January 30th, 2013
As research has shown, owners have an incentive to exaggerate the valuation of their property. This is true for all kind of property but is it also true for intellectual property? People are reluctant to part with their property, and the amount that they are willing to accept to sell it generally far exceeds the amount that others are willing to pay for it. This gap has been termed the “endowment effect”[1] and it has been detected for a number variety of forms of property. In investing this effect leads to an inherent tendency for...
Posted by simmonsandsimmons on November 10th, 2012
A little knowledge can be a dangerous thing. This is clear to me from the reaction I sometimes get when I tell computer scientists that I am a patent attorney specialising in computer patents. Frequently the response is, “But you can’t patent software!”
That reaction is wrong, but quite understandable. The law really doesn’t help. http://www.legislation.gov.uk/ukpga/1977/37 ”Computer programs” feature prominently in the list of things that are excluded from being inventions, grouped along with other...
Posted by ipeg on January 15th, 2012
Winston Churchill may have characterized real options as a riddle, wrapped inside a mystery in an enigma. Intellectual property portfolio managers from some of the world’s largest companies insist that they can only evaluate the merits of research projects with the help of real options. Other patent managers quite simply believe that real options is a bunch of hocus pocus. The Real Options Discount Calculator bridges these diverging opinions on real options by deflating traditional calculations of real options value by a host of...
Posted by ipeg on September 10th, 2011
Foreign delegations fly on and off to The Netherlands to see with their own eyes how the Netherlands solve water problems. Netherlands had no major water problem since what is known as the “Delta Works”, a major undertaking after disastrous flooding in 1954. The Delta Works gave the Netherlands a strong reputation in almost all aspects of water technology sanitation waste water management and other related fields. The Dutch international reputation is largely attributable to the Delta Works where hydraulic engineers developed many...
Posted by ipeg on June 13th, 2011
We constantly rate things. A motion picture rating system is designated to classify films with regard to suitability for audiences in terms of issues such as sex, violence, substance abuse, profanity, impudence or other types of mature content. A credit rating estimates the credit worthiness of an individual, corporation, or even a country. It is an evaluation made by credit bureaus of a borrower’s overall credit history. A rating is the evaluation or assessment of something, in terms of quality (as with a critic rating a novel), quantity...
