article thumbnail

The Bayh-Dole Act: Fostering Innovation Potential Across All Industries

IP.com

government typically retained ownership of inventions resulting from federally funded research. It helped change the landscape of intellectual property management by incentivising greater engagement with the private sector and has since been revised multiple times 2 since its enactment. has on the global market.

article thumbnail

3 Core Elements of Intellectual Property Strategy

IP.com

By disclosing an enabling description of an invention to the public, with a provable publication date and authenticity, it becomes prior art. Monetization involves more than just getting products to market faster with exclusionary rights. Exclusionary rights must also remain strong throughout a product’s entire lifecycle.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Methods of Commercializing Intellectual Property – Part II

Intepat

Testing the System – Applying the developed franchising system in at least one pilot unit in the same or similar market can help in testing the operational aspects of the business and in perceiving the possible defects before the launch of franchising. The size of the potential market. The purchasing power of the potential customers.

article thumbnail

Framing an effective IP strategy in the Corporate

IP and Legal Filings

For any such valid infringement, the prerogative to sue the other for the intellectual property violation always lies with the corporation. The business model and plan must deliver this strategic management with utmost precision. Strategy and Management of IP. Img Source: Gettyimages]. Valuation of IP.

IP 52