What is real
is not external form.



CONSTANTIN BRANCUSI

How patents promote innovation

12.12.2019


If we ask an economist how to open a can of soup, the answer will be: assume a can opener. The definition of innovation states that in order to be innovative, you must remain relevant and own the ability of generating useful ideas for people.

A study conducted in 2006 by French economists François Leveque and Yann Meniere revealed that 88% of US, European, and Japanese companies rely on information disclosed in patents to track the progress of technology and direct their own R&D efforts. As we live in a world where we can acquire rights over any invention, inventors are free to promote their ideas widely to maximize the revenue derived from marketing their ideas to the public. Protection is afforded by the patent system, representing an important stimulus in the case of exchange of technical information.

One important industry in which the role of creativity is highlighted and genuinely appreciated is smart-tech. Without constant efforts from those technology owners licensed and cross-licensed, we would not enjoy the advantages of today’s technology, particularly in regard to telephony, electronics, computing, and software.

Scientists have demonstrated countless times that inventors are motivated by the expectation of taking advantage of the rights of their inventions. Ordinary people tend to be stimulated by long-term commitments to inventive activity.

Another field in which creativity and patents play a major role is economics. Not only are patents able to help economic growth, they promote innovation and are some of the most efficient tools employed in the process of knowledge exchange and technology transfer that could ever be created otherwise.

In short, patents have a strong long-term correlation with innovation and knowledge exchange in various fields, especially in the field of economic growth.

25.09.2020

Through similarity we found the difference

Lately, we’ve been working on a case which has proven to be quite difficult. After receiving a refusal for one of the trademarks we administer, because of the similarity to a previous trademark, we have still managed to pass the mark towards publication by pointing out certain aspects such as: the existence of a very ( learn more )

18.09.2020

Class down, trademark up

Between August and September 2020, we faced a fairly common issue in the world of intellectual property. We have identified a similar trademark to that of one of our clients. The next step was contacting and starting the negotiation procedure with the opposing party in order to waive the protection of one of the classes, ( learn more )

14.09.2020

Registration criteria for slogans

Although many famous slogans enjoy incredible success, many others face the barrier of not being able to be registered. What could be the main reason why a short series of words cannot be registered? What is the definition of a slogan? Before finding out the reasons why certain slogans cannot be registered, we need to ( learn more )