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How the current patent system actually hurts innovation (and how patent trolls are being fought)

Idea to Value

Originally, patents had a simple purpose: By filing a patent, an inventor or company showed how their new technology worked, in exchange for legal protection for the duration of the patent. billion , predominantly for the approximately $4 billion worth of patents it possessed around smartphone technology. Does this system still work?

System 100
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Business Model Innovation Basics Series - Part 1: What is a Business Model?

The BMI Lab Blog

Magretta, 2002). WHO – Every business model serves a certain customer group (Chesbrough and Rosenbloom 2002; Hamel 2000). Magretta 2002). A business model innovation is defined as the conscious change of at least two dimensions of the introduced “Magic Triangle”. And what does the customer value?

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Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

What Digital Twins Technology is and How It Works. Originally, this term was coined by Dr. Michael Grieves in 2002. The situation changed in the 2010s, with the development of IoT, Artificial Intelligence, Big Data, and Cloud Computing. So, what is this technology? Benefits that Digital Twins can offer to businesses.

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Designing for Social Interaction

Boxes and Arrows

8 In both 2002 and 2007, a study of 1,178 adults found that on average, people had about 10 friends they meet or speak with at least weekly (10 strong ties). Some people believe that this is changing, that the web is making us closer to more people. This pattern of technology being used for strong tie communication is not new.

Design 108
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Business Model Innovation Basics Series - Part 2: Why Business Model Innovation Matters

The BMI Lab Blog

Even in unfavorable situations overwhelming success and sustainable competitive advantage can be created by many small improvements, innovations and changes of the holistic approach with which a company aspires to reach its vision. Together the changes in different dimensions of a company’s business model can add up to massive improvements.

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Patent Quality and Utility Essential to Patent Owners

Anaqua

As we prepare our 2018 year in review of the USPTO patent and publication statistics, we see a year where patent quality and utility to the patent owner is more important than ever. We are seeing the emergence of new technologies, such as autonomous vehicles, and we had the USPTO release its 10 millionth patent. percent from 2017.

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2018 Patent Analysis: Patent Quality and Utility Essential to Patent Owners

Anaqua

As we prepare our 2018 year in review of the USPTO patent and publication statistics, we see a year where patent quality and utility to the patent owner is more important than ever. We are seeing the emergence of new technologies, such as autonomous vehicles, and we had the USPTO release its 10 millionth patent. percent from 2017.