Invention Disclosure Evaluation Process Once an inventor fills out an invention disclosure is typically submitted to an entities’ patent committee or legal counsel for review. The “Invention Disclosure Evaluation Process” figure shows an overview of the process. The reviewing personnel assess the invention for its likely novelty, relative performance, relative cost to produce, [...]
Also listed in the disclosure should be: The most relevant potential application of the invention. Usually a company will supply a checklist of its business units along with an option to specify uses outside the company’s current product lines. A concise description of the invention. A clear description which explains the idea and [...]
Previous sections of this book have dealt with the management of the research and development / innovation processes using both traditional stage-and-gate processes as well as a lean / agile processes. It is during those processes that IP creation and documentation occurs. Invention Disclosure has to be conducted real time to be effective [...]
Deciding between a patent and a trade secret as a way to secure a sustained advantaged competitive position is not a black and white decision, but one where various shades of grey must be considered. As such a “Preferred Mode Matrix” is created. A team of experienced cross functional personnel, typically found in [...]
An important process of intellectual property management is to make the appropriate selection between what to patent versus what to hold as a trade secret. A recent IPO survey indicated that trade secrets are the really important intellectual assets of a company vis-à-vis patents, because patents have limits. Trade secret protection operates without [...]
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