Perpetual Innovation

Category: patent

  • WSJ. Eveything that can be invented, has been.

    Economists Debate Whether Technology Will Save the World. WSJ article.
    It’s true. Everything that could be invented, has been. Right?
    Well, there’s the 11 inventions posted last week. And there is 3d printing, all the applications of nanotechnology…
    I’m anxious to see what happens with the death of the computer chip, as we hit the limits of silicon… The next generation of computing should be very interesting. With that type of power at your fingertips, the nature of computing as we know it will change?

    Robots?

    There are all the applications of sustainability, moving most of us, if not all of us, to a zero footprint world.

    One thing that is interesting is the ability to actually apply the masses of knowledge that has been accumulated, but not integrated and applied over time. The best application of the best technology, as and when needed…

    Possibilities are endless, literally.

  • Strong Copyright Law supports journalism and more

    This is a great editorial by Caroline Little (June 8, 2014) on the value of good journalism and the part that IP law plays in supporting good journalism:
    TBO: news-opinion-commentary/strong-copyright-law-supports-journalism-and-informs-communities
    We totally agree.
    The parallel problem is with pirating, knock off, and just plain duplication. It Is hard to make money on something, when most of the copies sold are illegal sourced or counterfeit.
    The additional problem, now, is that everyone has a license to write, the solo publisher and the blog journalist.
    There needs to be protection for the people who do the real work and the real research.
    There also needs to be accountability for everybody, those who generate content and those who perpetuate it.
    Ideally, there needs to be ways to “call out” those who would borrow and steal the works of others.

  • The belief that our patent system is broken is patently false | freep.com … Broken as designed?

    The belief that our patent system is broken is patently false (guest column) | Detroit Free Press | freep.com:

    This is a very interesting article by David Kappos (IP attorney and director of the USPTO). Intellectual Property, especially patents, is a critical foundation of the US economy and of our entrepreneurial proficiency.

    But we shouldn’t take it for granted.

    That’s why some of the IP, Hi-Tech companies have joined together into an American alliance of innovation: Partnership for American Innovation  http://partnershipforamericaninnovation.org/.

    Companies need to take advantage of IP and use it aggressively both domestically and abroad. Especially if we are in the US where we do have strong rule of (IP) law. We must avoid allowing countries with lax IP laws to overrun us on our own strengths, our strengths to innovate.

    We need to aim for Perpetual Innovation(tm). Hall & Hinkelman talk about Perpetual Innovation(tm) in their 2013 book on Patent Commercialization argue that many companies are broken-as-designed. They are not designed around managing their intellectual assets; they still operate as if most of their assets and most of their value comes from physical assets.

    The US Patent system may not be broken, but many companies are. And IP is a critical part of all innovation and the pipeline of new products.

    Hall, E. B. & Hinkelman, R. M. (2013). Perpetual Innovation™: A guide to strategic planning,
    patent commercialization and enduring competitive advantage, Version 2.0    .
    Morrisville, NC: LuLu Press. Retrieved from: http://www.lulu.com/spotlight/SBPlan
    Hall, E. B. & Hinkelman, R. M. (2013). Perpetual Innovation™: Patent primer 2.0:
    Patents, the great equalizer of our time! An overview of intellectual property
    with patenting cost estimates for inventors and entrepreneurs.      Morrisville, NC: LuLu Press. Retrieved from: http://www.lulu.com/spotlight/SBPlan
    (or Kindle at http://tinyURL.com/IPPrimer2) 

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  • Pfizer says U.S. court invalidates Celebrex patent; generics loom — Reuters

    Pfizer — U.S. court invalidates Celebrex patent; generics loom | Reuters:

    Ouch!:-(

    Knocking the block of of the buster.

    Pfizer is taking a big hit with this court ruling against Celebrex patent. Surprisingly, the stock price, not so much so. Almost not even a jitter as it stays around $32 per share.

    That’s $3B in annual sales with $2B in the US (relevant to the US court ruling, obviously).

    IF the company repeats its $51B in sales from last year (revenues have been dropping over the last 3 years) then that represents about 4% to 6% of the companies sales. But it has to represent a huge hit to the bottom line, let’s say 8% to 15%. (It doesn’t take much to milk the cash cows; it does however, take a lot of money to invent the cow, clone it, raise the herd to maturity, and then milk each cow for all she’s got for about 20 years.)

    It look like the patent would have expired in 2015 anyway, so there would be generics already sitting on the sidelines (or the storefront in other countries).

    This must have been totally expected. It is hard to imaging a $204B company (based on market cap) that doesn’t take a serious tumble when one of its blockbuster products takes a hit.

    It is blockbuster patents in Big Pharma going off patent like this that contribute to the slowing of Healthcare spending. That’s right. Healthcare spending has only been increasing at about 4% over the last couple years. A big part of that is the patent cliff for big pharma drugs.

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  • Pono – HiRes Music – Kickstarter 250% funded – Muzak will never be the same!

    Pono Music – Where Your Soul Rediscovers Music by the PonoMusic Team — Kickstarter:

    Pono Music… a project funded at Kickstarter. http://kck.st/1g5xVf3

    High resolution music in a world that has gone Digital!

    Finally, I can put those olde (analog) records back on the shelf!

    This Kickstarter.com campaign is set to roll over $2M in fund raising today. !Oops, took too long to blog! It is already over $2M! Original goal was only $800k. It is headed by Neil Young but has lots and lots of celec muzak backers. Two more added since I took too long to write this (James Taylor autographed player).

    If you like this idea, jump on board. You can get a Pono muzak player for $300 this way with 128GB of storage. That actually is less than 1,000 tracks if you store them at the highest resolution. Of course, nobody has music at that high resolution… 

    Pono will work with any artist or music company to get the highest resolution available (from masters) for the site. They won’t stream initially in part because the size of the stream. Compression gets us the muZak we have today for our MP3 players — maybe good, but definitely not great.

    So, for 300 bucks or so, you to can sponsor this event, and the music site and the player devise. You will get a Pono player free for your sponsorship… well, $99 off of a $399 player. It should play any music, and the high resolution music you can put on it (now, really from PonoMusic.com, once the project is launched). Since the project is 200% funded, one can assume that it will launch. The plan is to build by this summer everything if the money came through from pre-sales and such on Kickstarter. Then all of the sponsors could expect their memorabilia and Pono players soon thereafter, say August.

    The IP behind the player.I’m asking the question at Kickstarter about the IP behind the player. But, one of the key components of their IP is a patent by none other than Neil Young, himself. 

    Patent Application: PCT/US2012/038099
    Title: Multiple-resolution audio and video systems, methods of production, delivery and uses thereof
    Priority date: Jan 20, 2009.

    It will be interesting to see if it issues?

    It will also be interesting to see if they go for a more open architecture like MP3 or proprietary approach.?

    Kids, who have been listening to bad (quality) muzak all their lives, will never be the same.:-)

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