how do i protect my ideas and ip

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  • 7/29/2019 How Do I Protect My Ideas and IP

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    Nick Maull, Esq.Intellectual Property Associate

    Sonia Kim, PhDManager for Marketing and Industry Partnerships

    Protecting Your Ideas and

    Intellectual Property

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    Intellectual Property Basics

    Do Northwestern students have

    intellectual property rights?

    INVO/Commercialization process

    How can INVO help YOU?

    AGENDA

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    1. PATENTS

    - USEFUL, NOVEL, NONOBVIOUS

    2. TRADEMARKS- USEDINCOMMERCE3. COPYRIGHTS

    - FIXEDINATANGIBLEMEDIUM

    TYPESOF INTELLECTUAL PROPERTY

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    NORTHWESTERN UNIVERSITY INTELLECTUAL

    PROPERTY POLICIES

    http://www.invo.northwestern.edu/policies

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    BASICSPatent and Invention Policy Copyright Policy

    Who All post-doctoral associates,

    graduate students and

    undergraduate students

    All post-doctoral associates,

    graduate students and

    undergraduate students

    What All inventions, discoveries and

    tangible research properties

    All copyrightable subject matter

    Where Location is not an overriding

    factor

    Location is not an overriding

    factor

    When At all times At all times

    Ownership

    Rights

    Well get to these

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    WHENTHE UNIVERSITY CAN ASSERTOWNERSHIP

    Invention Discovery Tangible Research

    Property 1

    Within scope of

    employment or

    responsibility owed

    Yes Yes Yes

    Sponsored research Yes Yes Yes

    Uses Northwestern

    University resources 2

    Yes Yes Yes

    Voluntarily Assigned

    to the University

    Yes Yes Yes

    Classroom

    assignments

    Yes - Well get to these next

    1 Includes, but is not limited to, materials, software, databases, engineering designs, prototype devices,

    antibodies, cell lines, and genetically modified animals. Certain cases of computer software may be

    released after University review2 Excluding library and meeting places when made in fulfillment of a classroom assignment

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    COPYRIGHT DISPOSITION

    Traditional Work1

    Non-Traditional Work2

    Other Agreement University may

    own

    University may own

    Patent and

    Invention Policy

    Author may own University may own

    Work for Hire 3 University University

    1 Includes, but is not limited to, journal articles, manuscripts, academic

    presentations, theses, etc.

    2 Software3 A copyright authored in performance of an administrative task or which the

    writer specifically agreed to author by contract

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    CLASSROOM ASSIGNMENTS

    The University can assert ownership in inventions made infulfillment of a classroom assignment that:

    uses substantial or essential contributions of the University,such as, funds, space, materials or facilities;

    is developed under a sponsored research agreement or otheragreement the University entered into with a third-party;

    is a work for hire; or

    is developed in collaboration with faculty members notresponsible for teaching the class.

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    WHYDOES NU ASSERTRIGHTS?

    Government obligations

    Better society promote sharing ofknowledge and ideas

    Generate revenue for the University e.g.LYRICA

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    STUDENT RELEASES http://www.invo.northwestern.edu/process/students

    Before attempting to commercialize inventions, discoveries ortangible research property request a release of University rights.

    The University cannot grant a release on an invention before its

    conception.

    If release is granted the University will not:

    make a claim in the subject matter disclosed;

    be responsible for any costs associated with the invention;

    provide legal representation for the inventor in case oflitigation.

    http://www.invo.northwestern.edu/process/studentshttp://www.invo.northwestern.edu/process/students
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    HOWCANINVOHELPA

    STUDENT?!?!?!ANSWER: RESOURCES INVO has various professionals that can help you protectand develop your idea!

    Phds to help develop your technology

    Marketing professionals to market your invention tocompanies for licensing or acquisition

    Lawyers to help you protect your invention and build a

    business strategy

    Business professionals to help you build a start-upcompany

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    HOWCANINVOHELPA

    STUDENT?!?!?!ANSWER: $$$$$$$ Patent costs are extremely high, 20k for a simple device, up to100k for a complex invention

    Consulting services can be extremely costly

    Facilities for product development are not cheap, INVO can helpyou find affordable resources

    Business strategy can make or break your commercial potential,

    having guidance is key

    Network INVO has an established network of venture capitalcontacts and companies looking to spend their money on NUideas!

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    To Create a Strong Foundation forInnovation and an Entrepreneurial

    Culture

    INVOs GOAL

    Translation Center for Developmental

    Therapeutics (CDT) NU Clinical & Translational

    Sciences (NUCATS) Entrepreneurs-in-Residence Commercialization Clinics

    Transaction Process NU Invention

    Disclosures File Intellectual Property Negotiate Agreements Oversee & Manage

    Compliance

    Commercialization License inventions to

    companies Partner with companies,

    investors & advisors Provide resources for start-

    up companies

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    14

    What we do:

    INVENTOR

    NU

    IM@ INVO

    1. Evaluate disclosures anddevelop a licensing strategy

    4. Negotiate licensing agreements

    Jeff ConeyNU

    INVENTOR &ENTREPRENEUR

    Start-Up

    5. Provide commercializationresources for start-ups

    2. Process patents

    USPTO

    Intellectual

    Property

    $

    - INVESTORS- INDUSTRY

    Licensing &Partnerships

    3. Market inventions to industry

    Sonia Kim

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    http://www.invo.northwestern.edu

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    PATENTLAWSARECHANGING!

    MARCH 16, 2013 MOVING FROM A FIRST TO INVENT, TO

    FIRST TO FILE SYSTEM

    HOW DOES THIS AFFECT YOU AS ASTUDENT?

    Costs will be more of a consideration

    Public Disclosures students and faculty Consult INVO early!

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    TAKEAWAYS

    CONSULT INVO!!!!

    AND CHECK OUThttp://www.invo.northwestern.edu/

    http://www.invo.northwestern.edu/http://www.invo.northwestern.edu/http://www.invo.northwestern.edu/
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    Contact

    Nick Maull, Esq.Intellectual Property Associate

    Innovation and New Ventures Office1800 Sherman Ave., Suite 504

    Evanston, IL 60201Phone: (847) 467-2097Email: [email protected]: http://www.invo.northwestern.edu/

    mailto:[email protected]://www.invo.northwestern.edu/http://www.invo.northwestern.edu/mailto:[email protected]