Rebecca McKenney Intellectual Property Doctor Schlipp 18 May 2018 LIN 405 SharkTank IP Assignment When assisting inventors or entrepreneurs with trademark and patent searching, other questions may arise, e.g. business information. As a matter of fact, business resources overlap often with such library research consultations. To apply a real world scenario, you are assigned to watch any single episode of the SharkTank reality television series. Ideally it should be a re-run and not the current weekly prime time network broadcast. This promotes each student to view different episodes to get differing scenarios for the assignment. In addition, part of the rubric for this assignment is student originality. As this course is entrenched in the …show more content…
See PTRCA site for more. After you have looked at the Dreams to Dollars material http://ptrca.org/files/handouts/From%20Dreams%20to%20Dollars%20Bibliography%202005%20Final.pdf, you might review our current instructor text notes dealing with patents and trademarks for inventors and entrepreneurs. Then you should be ready to start the SharkTank IP Assignment. 1. Watch an episode of SharkTank either on air or online. YouTube and Hulu offer free episodes or single scenario highlights. Highlights are fine if there is full coverage of the inventor/entrepreneur scenario. If you cannot locate a SharkTank episode or single inventor/entrepreneur scenario, you may also view EveryDay Edisons as an alternative from Hulu or YouTube. 2. Choose one inventor/entrepreneur scenario. Notice the name of the business and/or the product or service. Determine which IPs would apply to such a business and/or its product or service. Also, think about which business information resources might further support the inventor/entrepreneur. 3. Complete assignment template below and remember to include your name here and on the saved WORD document submitted on the Canvas assignment …show more content…
The Squatty Potty is a short white foot rest designed to allow someone the option to squat while using a western-style commode. It is intended to help relax the puborectalis muscle. When a person does not wish to use the Squatty Potty, it can be stored under the commode. 3. Which types of IP could apply to protect the reviewed business, product, and/or service described above? a. The Edwards comment that they have a patent for the design for their eco model with other patents pending at the time the episode originally aired. According to the USPTO website, this is patent that is reference in the episode is patent number 9,895,036. 4. To avoid me-too products or services, research for comparable business, products, or services to the scenario reviewed above. Are there any IPs associated with competitive services? Are there any potential infringements? If so, note what infringement could exist. Please list your findings below: a. Because the Edward’s patent was accepted in 2014, I only looked for patents between 2010 and 2018. Of the seventeen patents made in this time frame (to date), seven are contributed to either Judy and/or Bobby. As far as I could tell, of the remaining patents, there was no signs of
After developing the first prototype, Ed took his solar bird feeder to a Habitat for Humanity auction and received the highest bid of all the items there, and continued on to win three Best New Product Awards at various birding tradeshows. Ed applied for and was granted a patent on his first submission. After a next couple years, the Squirrel Defense Initiative (SDI, Inc.) was co-founded by Ed and Bo in October of 1998.
Before some of the smartest property attorneys at the Marcus Evans November 2006 Conference in Washington D.C, Dan Bogue had to do the single most important thing anyone can think of when it comes to being an Entrepreneur, which is get investments in order to build a company. However, Command Audio patented an idea that could be considered the start up for a lot of the new age technologies in todays world. What is particularly interesting and rather impressive is that he was presenting his company, which successfully created a business model for intellectual property. Combining those two aspects: a great product and a great speaker are the fundamental keys for success in Entrepreneurship.
Intellectual property is an incredibly complicated facet of the law. In the United States, we have many laws in place to control and limit profiting from others intellectual property. The issue is not only profiting from others intellectual property, but not purchasing the property from the originator as well. We will discuss why it is important to protect this property as well as why it is tremendously difficult to regulate all these safe guards. “Intellectual Property has the shelf life of a banana.” Bill Gates
Also during her presentation she mentioned the different kinds of intellectual property, something we discussed in class. They included copyright, patent, trademark, and trade secret. The differences between them are as follows; copyright protects a creative expression. Patent protects useful inventions. Trademark protects corporate identities and products and trade secret protects formulas and processes that are not easily discovered.
Intellectual property abounds in our society, it is the direct result of the expression of an idea or other intangible material (Zuber, 2014). Our laws provide rights which are specific to the owner of the intellectual property. Furthermore, intellectual property is protected by laws just like tangible property is protected (Lau & Johnson, 2014). The most widely known forms of intellectual property rights include: trade secrets for confidential information, patents for a process/invention, copyrights for creative items and trademarks for brands (Lau & Johnson, 2014). While these rights may appear very defined, there are times when questions
Rivalry among established firms is fierce. There are several factors that illustrate this: established market players (6.1). The product is highly standardized and the switching costs of the customers are low. Players are aggressive (6.2)
Although the project successful, the project initiator still to need to protect from idea theft and apply IP protection.
Intellectual Property - Intellectual property reflects on the ideas and things we can imagine and produce with our minds. Intellectual property includes anything that may be patented, owned, or protected by a trademark. There are four types of intellectual property, such as trademark, copyrights, patents, and trade secrets. Based on this week’s scenario, Sam had signed a non-disclosure agreement as a condition of his employment with ABC but unfortunately, has violated the conditions by downloading a list of customers for the company. This implies that the subject of intellectual property
2 Investigation. 3 Prospectus.. 3 Red Herring 3 Road Show. 3 Price. 3 IPO Allocation. 3 Institutional Investors 3 Individual Investors.
The process of planning and developing an invention in this Cornerstone involves a great deal of reading and gathering information about inventions through the careful examination of several complex texts about inventors, their inventions. and the real world problems that they strove to resolve through their ingenuity. Consequently, to be successful, students will need to have had a considerable amount of practice reading complex texts for the main idea, key details, summarizing, annotating, comparing, contrasting. They should also be familiar with using technology (e.g., computers, web browsers) and conducting research independently.
My group’s case study on Entrepreneurial Capitalism in the United States proved very informative; with many of our findings tying directly back to concepts and themes we have discussed and studied throughout the semester. The main source we used in our case study was Steven Klepper’s Experimental Capitalism: The Nanoeconomics of America’s High-Tech Industries, which discussed how & why industries become successful, how government involvement impacts the success of a high-tech industry, and how free trade and competition is involved with American high-tech capitalism. Much of our case study focused on six distinct industries in the United States: penicillin, tires, automobiles, semiconductors, TV receivers, and lasers.
I have incorporated factors from Burns’’ (2014) Student Entrepreneurship Exercise, and Mery and Crane’s (2013) New Venture Creation Model to provide a structured framework for idea generation for the venture.
The student decided to watch the second episode of the eighth season of Shark Tank because it was the first one that he was able to find on YouTube.com. The episode had four entrepreneurs with great ideas and products, each entrepreneur had great charisma and energy, furthermore everyone had a different style to
List and discuss the 4 most important lessons that you have learned about entrepreneurial thinking this semester in this class. Describe why you find these lessons important and how this knowledge has impacted you. Use specific examples from our class – readings, videos, discussions, activities, etc. Don’t forget to elaborate on your thoughts as you fully discuss your ideas and opinions. (Long answer – multiple paragraphs
There are 8 different types of (IP) Intellectual Property; they are patent, trademark, registered design, plant varieties protection, copyright, and layout-design of an integrated circuit, geographical indication and trade secret.