taylor vinters: partner led, straight-talking, plain-speaking, to the point to the point....
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Taylor Vinters: partner led, straight-talking, plain-speaking, to the point
To the point.
London Singapore Cambridge+44 (0)20 7382 8000 +65 6622 5474 +44(0)1223 423444
London Singapore Cambridge+44 (0)20 7382 8000 +65 6622 5474 +44(0)1223 423444
• Overview of IP rights• Relevance of IP rights to co-
created products• Key IP issues to address• Developing an IP strategy in
co-creation
IP Issues in Co-Creation
Agenda
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Patents• Protect inventions• Require registration• Monopoly right for 20 years• Territorial• Holy trinity
– Novelty– Inventive Step– Industrial application
• Infringed by using the patented invention
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Confidential Know-How
• Technical information– Secret– Substantial– Identified
• Trade Secrets
• Confidentiality Agreements
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Trade Marks
• Identifiers of origin
• Repository of goodwill
• Protect by registration
• Monopoly right
• Use and renewal
• Infringed by use or the same or a similar mark in the course of trade
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Copyright
• Expression of author’s own intellectual creation
• Right to prevent copying, distribution, modification
• Arises automatically
• Lasts up to life + 70 years
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Design Rights
• Appearance of product / packaging
• Registered v unregistered
• Infringed by “using” the design
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How is this relevant to co-creation in NPD?
Co– Creator’s Idea
PRODUCT DEVELOPMENT
FAB Chocolate
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London Singapore Cambridge+44 (0)20 7382 8000 +65 6622 5474 +44(0)1223 423444
London Singapore Cambridge+44 (0)20 7382 8000 +65 6622 5474 +44(0)1223 423444
Different forums
• Social Media
• Communities
• Competitions
• Collaboration programmes
• R&D agreements
• Endorsement
• B2B v B2C
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Key Issues
• Right to use the co-creator’s ideas and IP in product development
• Protection of your own IP and know-how
• Own/right to use IP in new product
• No infringement/misuse of confidential information
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Employees v 3rd Party Co-Creators
• Automatic ownership of employee copyright and inventions
• Employment contracts
• Employer liability
• Co-creating with third parties is a whole different ball game!
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Use of co-creator’s IP
• Depends on what they bring to the table
• No protectable IP in mere ideas
• Confidential?
• More technical product development– Patented products and processes– Designs– Confidential know-how
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How to secure the right to use
• Agreements
• Terms on website
• May need negotiated agreements and licences where complex
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Protection of proprietary IP and know-how
• Share to innovate
• Relevant patent protection
• Confidentiality agreements
• Restrictive covenants
• Restricted access to trade secrets
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Who owns the resulting IP?
• Basic position is that IP owned by its creator
• Most IP can be jointly owned where more than one party has contributed to it
• Restrictions on what each joint-owner can do without the consent of the others
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Dealing with ownership contractually
• Important to deal with ownership by contract
• Co-creator agrees to assign his rights in return for a reward
• Different forms of contracts
• Adequacy of reward
• When to contract
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Mitigating the infringement risk
• Important that idea you incorporate doesn’t infringe third party IP or misuse confidential info
• Warranties from co-creator
• Clearance / FTO searches
• Cost etc. dealt with by agreement.
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Developing an IP strategy
• What kinds of ideas do you want?
• What level of co-creator involvement?
• How quickly do you want to lock co-creator in?
• How will you deal with reward?
• How will you deal with infringement risks?
London Singapore Cambridge+44 (0)20 7382 8000 +65 6622 5474 +44(0)1223 423444
Key points to take away
• Approach should be proportional to the type of co-creation
• Be upfront about how you will deal with ownership of IP
• Forward plan to avoid problems down the line!
Any Questions?
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Louisa DixonSolicitor Taylor Vinters 01223 225182 [email protected]
@T_VTechnology