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US Inventor Arguments for Opposing the Pride in Patent Ownership Act Fall Short on the Merits

IP Watchdog

Last September, a bipartisan pair of Senators introduced the Pride in Patent Ownership Act, which, if passed, would add greatly-needed transparency to our patent system. Right now, inventors, businesses, and other interested members of the public often have to undertake time consuming and expensive litigation to determine who owns a patent.

Ownership 127
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Impact of AI on Global IP Systems

IIPRD

Growing AI-related business activity, early case law, and legislative and international policy activities are making it more and more relevant in practice. Inventorship and Ownership: The process of invention has changed significantly as a result of the AI technologies’ quick development and increased computing capacity.

IP 98
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IFI CLAIMS Rankings Show Increasing Role of Chinese Entities in U.S., Global Patent Ownership

IP Watchdog

patent recipients and active patent family owners, providing the IP world with a look at the patent ownership landscape that developed throughout the course of 2021. For yet another year, information technology R&D giant International Business Machines (IBM) earned the top spot among entities obtaining patents from the U.S.

Ownership 120
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USPTO Patent Fees Reduced for Small Businesses

The IP Law Blog

The United States Patent and Trademark Office (“USPTO”) has reduced the patent fees for small businesses and certain other applicants. For example, they can increase the value of a business, provide an advantage over competitors, and serve as a source of income through licensing. A small entity is defined under 37 CFR § 1.27

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Alleged Co-Inventor Not Bringing Home the Bacon This Time

The IP Law Blog

Well, it turns out that not all contributions count when it comes to being an inventor of a patent for a better method of precooking bacon. In 2021, HIP sued Hormel, challenging Hormel’s ownership and the inventorship of U.S. Also, Howard was not named as an inventor. The dispute arose between HIP, Inc. (“HIP”) Iolab Corp.

Inventor 110
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Securing Copyright Protection for AI-generate Generated Creations – A Business Perspective

IPilogue

The legal debate of who or what gets to be an author ( or an inventor ) will continue. For now, at least in Canada, ownership will be assigned to the person who arranged to create the work and not the AI that created the work itself. Implications for Businesses Leading the Way for AI-generated Creations. The Legal Conundrum.

Business 118
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Choosing the Right Intellectual Property Protection

IIPRD

With so many IPs available trademarks, patents, copyrights, and more – how can you choose the right one for your work, product, or business? are intellectual properties owned by individuals and/or businesses. These rights include exclusive ownership benefits and rights against any misuse, alteration, modification etc.