IP and clean technology Tips for companies focused on resource recovery in a circular economy
As the world speeds up the transition to a low-carbon, circular economy, a Canadian company that operates a facility for recovery of the model, we need to look at how to integrate the military to have a strategic plan in order to succeed, to make it more competitive in the global market. - Level executives, managers should consider the strategic role of IP-to-understand, building an effective IP strategy in the context of the infrastructure in which they operate, and in line with their proposed technological solutions. The company focused on the recovery, in the run-up to commercialization, it requires to be forward-looking, the IP strategy.
This article is going to highlight the three important piece of advice: it IS to help Canada's leading clean technology innovators, better yet, protect and use the IP in the development of resource-oriented technology of recovery.
Recycling and innovative solutions
Among the many methods, the implementation of a circular economy is a key strategy is to maximize the service life of materials and other resources by recycling. This applies to the removal of useful materials, or other resources that would otherwise be waste. Recycling is a wide range of areas including innovation, both in the form of a step-by-step improvements, which are widely used in engineering, as well as the fundamental, technological developments, which are often used. They are both forms of innovation, which is likely to result mostly of market value.
1. In order to create a favorable licensing, and patent portfolio.
On the first clean technology innovators, and should always be approached his portfolio with monetization in mind. A well built up a patent portfolio can provide a useful license revenue to its owner to establish exclusive rights to market, and minimize the risk of copyright infringement. This will make it possible for the licensor, to get access to both the production capacity and experience, and licenses in markets that would otherwise not be available to the holder of the authorization, and / or make it possible for the licensor, to the increase of the value of a patent, they may not be able to use right away. Licensing may be of particular importance for the recovery of innovators, who will be the time when the global markets are looking for the growth rate in order to scale-up.
The successful licensing and patent strategies requires the innovator to gain an in-depth understanding of their intellectual property rights. Innovators should consider the effect of the quality and scope of their patents, and the patents that are related to their current or planned trading activities. It is also important to identify the most relevant patents in which to obtain a license, in the form of a package. Licensing opportunities are maximized by providing the licensee with a multi-level protection by one of the leading brand which covers various aspects of their business.
Understanding and identifying potential markets, and is aimed at the most attractive ones of the licensee is important to you. In particular, the inventors have to think about their portfolio, it can be useful for many organizations outside the field of the industrial commitment to the innovator.
The balance between the exploitation of the patent, and trade secrets
The second way is to, in order to ensure a balanced protection of IP through the use of a patent, and the information that constitutes a trade secret in order to secure the maximum of exclusivity on the market. The monopoly of the market, in order to secure a patent requires the publication of patented inventions for a limited period of time, usually 20 years from the filing date of a patent application. Trade secrets, on the other hand, it can save you MONEY in secret, with no deadline. However, trade secret protection requires a systematic, forced labor, and enduring to the preservation of confidential information. In addition, the loss of confidentiality of trade secrets, it can lead to an irreversible loss of IP rights.
Another consideration when choosing between a patent, and the information is a trade secret, the sustainability of the technology. Generally speaking, if the period of storage of the technology should not be for longer than that typical of the period of validity of the 20-year patent protection may be a safer option than the more information that constitutes a trade secret. On the other hand, some of the well-known samples, which constitutes a trade secret (for example, Coca-Cola, and sugar to the original KFC recipe) is valid for more than 20 years.
An innovator in the field of recycling is often geographically separate operation of the sites, for logistical reasons. In some cases, the innovators can work together with the regional ones, such as company, infrastructure. These are just a few of the activities that can cause the processing of the commercial-in-confidence that can be difficult. That is why it is advisable to protect the IP of treatment of a patent, which can also serve as an attractive licensing management tool.
On the other hand, is another important part of IP address is for the innovators, who may be of different chemical compounds that are used for commercial activities. The production and distribution of these compounds, to be innovative, it can be useful to keep them as trade secrets, other than a patent, provided that they are not able to be reverse-engineered.
It is important to bear in mind that, like any other business, in the context of the decision, the decision of the form(s) of the IP-protection, are not permanent and need to be seen as changes in the business environment.
If the processing of a patent has been licensed to an edge of the partner, to be trade secrets and know-how that has been created by third parties is practicing license IS it? For example, the instructions, and if that's the case, it may be so that you are able to fine-tune the process. It's going to be possible for a license to the owner or the licensee of, to be up-to-date operational exercises in order to maintain the confidentiality of the information it contains? Well, that is going to take all of the data that is received during a reading.
For the compositions, protected by trade secret, that is, the more profitable it is to protect the overall volume of the compositions of the patent, while at the same time, the exact composition of trade secrets? A pure, trade secret, is not going to prevent competitors from developing their product is, however, a patent may be something you can do.
Therefore, to establish a balance between the patent
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