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Patent in sentence

392 examples of Patent in a sentence

The patent system may even have adverse effects on innovation, because, while the most important input into any research is prior ideas, the patent system encourages secrecy.
But even in these cases, if universities take a strong stand for openness, companies usually agree, and technology-transfer offices have dramatically reduced the time needed to file an intention to patent.
Recent research that I undertook, together with two colleagues at the Austrian Institute of Technology, Georg Zahradnik and Bernhard Dachs, relied on patent data filed in the US to shed light on the role that individuals of Arab, Kurdish, Persian, and Turkish ancestry play in the development of US technology.
To approximate MENA immigrants’ contribution to US innovation, we cross-matched some 2,500 MENA-specific first names with patent documents filed with the World Intellectual Property Organization (WIPO).
We found that from 2009 to 2013, there were 13,180 patent applications filed by US organizations, or individuals residing in the US, in which at least one applicant had a MENA name.
This represents 5.1% of all US patent applications to WIPO during the 2009-2013 period.
To put these findings in perspective, over the five-year period that we measured, we found that MENA-linked individuals were involved in 220 US patent applications each month.
The number of patent applications filed by US inventors with MENA backgrounds was double that in the European Union.
With 1,780 patent applications, California accounted for 15% of all patents sought by MENA-linked inventors worldwide.
Other US states with a notable number of MENA-linked patent applications were Texas and Massachusetts;Texas, for example, had only slightly fewer than Saudi Arabia during the 2009-2013 period.
In 1905, he was struggling as a mere patent clerk, with a newborn child.
That is why all countries have a patent system.
Furthermore, while non-US companies can take advantage of the generous patent boxes in 12 EU countries, US companies would be subject to the much higher minimum rate, undermining their ability both to compete in these markets and to acquire foreign companies with desirable intellectual property.
The idea dates back to renaissance Italy, but modern patent law originated in England, where, in 1624, the Statute of Monopolies was enacted to grant a 14-year exclusive right to the "true and first inventor" of any manufacturing method.
But until recently, patent law was based on a rather narrow definition of creativity, usually the kind embodied in the invention of devices or industrial processes.
In recent years, however, patent law widened enormously with the acceptance, in the United States, Australia, Japan, and Korea, of business-method patents --that is, patents not on a technological process but on a way of doing business.
The turning point in the US came in 1998, when a federal court decision upheld a patent on an accounting system, which launched a flood of business-method patents--over a thousand a year in 1999 and 2000.
The harm of inadequate patent protection in the financial world before 1998 was clear.
The recent expansion of patent protection is designed to prevent these problems and to bring a faster pace of innovation.
Of course, there are downsides to patent law expansion, prime among them the increased incidence and cost of litigation.
The matter was made worse by the fact that one-click shopping seemed to be an "obvious" idea that shouldn't have been granted a patent in the first place.
In such cases, the innovation would never be implemented without patent protection, because no inventor could ever recoup costs.
It should be a top priority for policymakers to ensure that patent offices have the financial and human resources needed to grant business-method patents judiciously, and that they do not award patents to obvious or merely incremental ideas.
If correct patent policies are followed, business-method patents have the potential to boost dramatically business creativity--and the economic growth that goes with it.
Because ketamine has been available for decades, there is no patent for it, so pharmaceutical companies have little financial incentive to carry out research on the drug and seek approval for its use as an antidepressant.
Developments that are fundamental to European competitiveness, like an EU-wide patent, have proved impossible to achieve.
It is also China’s most innovative urban cluster, generating more than 50% of the country’s international patent applications.
And research often is directed not at producing new products but at extending, broadening, and leveraging the monopoly power granted through the patent.
The patent system can be thought of as awarding a prize.
The EU would thus do well to combine budgetary support for R&D policies with competition rules that keep companies on their toes, while granting successful innovators appropriate patent protection.
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