This article was published in Law360's Expert Analysis on November 22, 2017. A PDF copy is also available for download. Last week, Ericsson announced that it had filed a “landmark” patent application that covers a “complete architecture for the 5G network standard.” #Inventorship #Declarations #Assignments #Law360

This post is from a series on Open Innovation. For more information, please click the "Open Innovation" Tag. I recommend reading the posts in chronological order. I previously wrote about how companies with closed innovation paradigms are forced to shift to open innovation models due to certain erosion factors. To illustrate this point, Chesbrough points out that the number of patents held by individuals and small firms rose from about 5 percent in 1970 to more than 20 p

This post is from a series on Open Innovation. For more information, please click the "Open Innovation" Tag. I recommend reading the posts in chronological order. Recall that in a "closed innovation" model, firm boundaries are established so that only internal research ideas are considered for development, and once considered they are either developed internally and brought to market or left to die. Chesbrough notes six principles (or six axioms) of the traditional closed i

This is the first post in a series on Open Innovation. For more information, please click the "Open Innovation" Tag. I recommend reading the posts in chronological order. Though it's been over 10 years since its publication, Henry Chesbrough's Open Innovation: The New Imperative for Creating and Profiting from Technology remains fresh and insightful. The term "open innovation" was a term promoted by Henry Chesbrough to argue that a transition is needed in certain industries

A sound intellectual property strategy can add value to any business, generate revenue streams, and act as an additional bargaining chip in negotiations. However, it is often difficult for businesses and inventors to figure out how to reduce their IP costs without sacrificing quality. Below are some practical pointers to consider when formulating your IP strategy. These will serve as a primer to help you ask the right questions. Diversify. An IP strategy should take a lon

They may not know it, but everyone you meet likely owns intellectual property. While they may not own a patent or a trademark, almost everyone is a copyright owner. In the United States, copyright is a type of intellectual property reserved to protect original works of authorship including literary, dramatic, musical, and artistic works, such as poetry, novels, movies, songs, computer software, architecture and, of course, photographs. Photo booth software makes it easy to s