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Invention Promotion Firm
An invention promotion firm or invention submission corporation provides services to inventors to help them in develop or market their inventions. These firms may offer to evaluate the patentability of inventions, file patent applications, build prototypes, license them to manufacturers, and otherwise market. They are distinguished from more conventional consulting firms and law firms offering the same or similar services in that they market their services primarily to amateur inventors through the mass media. The US government estimates that hundreds of companies offer invention-promotion services and that “virtually all of them are either ineffective or outright fraudulent. One official at the U.S. Patent and Trademark Office says he believes there are fewer than a half-dozen legitimate invention promoters in the country”. Performance Prior to the 1999 American Inventors Protection Act (AIPA), accurate statistics of the success rate of invention promotion firms were difficul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inventor
An invention is a unique or novel device, method, composition, idea or process. An invention may be an improvement upon a machine, product, or process for increasing efficiency or lowering cost. It may also be an entirely new concept. If an idea is unique enough either as a stand alone invention or as a significant improvement over the work of others, it can be patented. A patent, if granted, gives the inventor a proprietary interest in the patent over a specific period of time, which can be licensed for financial gain. An inventor creates or discovers an invention. The word ''inventor'' comes from the Latin verb ''invenire'', ''invent-'', to find. Although inventing is closely associated with science and engineering, inventors are not necessarily engineers or scientists. Due to advances in artificial intelligence, the term "inventor" no longer exclusively applies to an occupation (see human computers). Some inventions can be patented. The system of patents was established ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Federal Trade Commission
The Federal Trade Commission (FTC) is an independent agency of the United States government whose principal mission is the enforcement of civil (non-criminal) antitrust law and the promotion of consumer protection. The FTC shares jurisdiction over federal civil antitrust enforcement with the Department of Justice Antitrust Division. The agency is headquartered in the Federal Trade Commission Building in Washington, DC. The FTC was established in 1914 with the passage of the Federal Trade Commission Act, signed in response to the 19th-century monopolistic trust crisis. Since its inception, the FTC has enforced the provisions of the Clayton Act, a key antitrust statute, as well as the provisions of the FTC Act, et seq. Over time, the FTC has been delegated with the enforcement of additional business regulation statutes and has promulgated a number of regulations (codified in Title 16 of the Code of Federal Regulations). The broad statutory authority granted to the FTC provide ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scams In Intellectual Property
Scams in intellectual property include scams in which inventors and other rights holders are lured to pay money for an apparently official registration of their intellectual property, or for professional development and promotion of their ideas, but do not receive the expected services. Intellectual property (IP) is a very complex area and covers a vast range of diverse subjects. As a result, there are opportunities for unscrupulous individuals and organizations to take advantage of those wishing to secure protection for their IP. Registration services Registration services are organizations or individuals that contact IP applicants or owners and request payment for an apparently official registration of their IP. Many applicants for and owners of patents, trademarks and industrial design rights receive letters from such registration services and different IP offices and organizations around the world regularly issue warnings in connection with the offered services. The registra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Licensing Executives Society International
The Licensing Executives Society International, or LES International (LESI, or formally "LES International, Inc."), is a not for profit, non-political, umbrella organization having 33 national and regional member societies, interested in technology transfer or licensing of intellectual property rights - from technical know-how and patented inventions to software, copyright and trademarks. It was founded in 1973, and incorporated in 2000 in the United States. As of 2019, LESI has approximately 9,000 individual members in 90 countries, including representatives of companies, scientists, engineers, academicians, governmental officials, lawyers, patent and trademark attorneys, and consultants".LESI web site, ''About Us'', Consulted on December 11, 2019. LESI publishes a quarterly journal called ''les Nouvelles''. The organization was one of eight trade organi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Intellectual Property Brokering
An intellectual property broker mediates between the buyer and seller of intellectual property (IP) and may manage the many steps in the process of creating a deal with regard to the purchase, sale, license, or marketing of intellectual property assets. This may include: patents, trademarks, or inventions (prototypes). Inventors are faced with several alternatives to making their invention a commercial success. They can build their own start up company from scratch using their own resources. In the United States, they can seek government grants; SBIR (Small Business Innovative Research) and (TTR) Technology Transfer Research to fund the early stage development of their technology. They can contract with third parties such as: venture capital or angel investors to finance a startup or they can sell or license their products to an existing and established company. Often inventors are interested in expanding their own intellectual property assets through licensing and acquisitions. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Patent And Trademark Office
The United States Patent and Trademark Office (USPTO) is an agency in the U.S. Department of Commerce that serves as the national patent office and trademark registration authority for the United States. The USPTO's headquarters are in Alexandria, Virginia, after a 2005 move from the Crystal City area of neighboring Arlington, Virginia. The USPTO is "unique among federal agencies because it operates solely on fees collected by its users, and not on taxpayer dollars". Its "operating structure is like a business in that it receives requests for services—applications for patents and trademark registrations—and charges fees projected to cover the cost of performing the services tprovide . The Office is headed by the Under Secretary of Commerce for Intellectual Property and Director of the United States Patent and Trademark Office, a position last held by Andrei Iancu until he left office on January 20, 2021. Commissioner of Patents Drew Hirshfeld is performing the funct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ronald Mallett
Ronald Lawrence Mallett (born March 30, 1945) is an American theoretical physicist, academic and author. He has been a faculty member of the University of Connecticut since 1975 and is best known for his scientific position on the possibility of time travel. Early life and education Mallett was born in Roaring Spring, Pennsylvania, on March 30, 1945, and grew up in The Bronx in New York City. When he was 10 years old, his father died at age 33 of a heart attack, which made him depressed and devastated. About one year later, at age 11, Mallett found a ''Classics Illustrated'' comic book version of H.G. Wells' ''The Time Machine''. Inspired by this literature, he resolved to travel back in time to save his father. This idea became a lifelong obsession and the basis of his research into time travel. Mallett served in the United States Air Force for four years, during the Vietnam War. He returned to civilian life in 1966. This was the year that the science fiction TV series '' Star ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brian Mast
Brian Jeffery Mast (born July 10, 1980) is an American politician and U.S. military veteran who has served as the U.S. representative for Florida's 21st congressional district since 2017. The district, numbered as the 18th district from 2017 to 2023, includes portions of the Palm Beaches and Treasure Coast. Mast is a member of the Republican Party. A veteran of Operation Enduring Freedom, Mast lost both his legs while serving as a U.S. Army explosive ordnance disposal technician in Afghanistan in 2010. Early life and education Mast was born and raised in Grand Rapids, Michigan. He is the son of James Mast and Tixomena Trujillo. His maternal grandparents were immigrants from Mexico. Mast graduated from South Christian High School in 1999. In 2016, he obtained a Bachelor of Liberal Arts from Harvard University Extension School with a concentration in economics and minors in government and environmental studies. Military service After graduating from high school, Mast enl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matthew Whitaker
Matthew George Whitaker (born October 29, 1969) is an American lawyer, lobbyist and politician who served as the acting United States Attorney General from November 7, 2018, to February 14, 2019. He was appointed to that position by President Donald Trump after Jeff Sessions resigned at Trump's request. Whitaker had previously served as Chief of Staff to Sessions from October 2017 to November 2018. While attending the University of Iowa, Whitaker played tight end for the University of Iowa Hawkeyes football team, including in the 1991 Rose Bowl. In 2002, Whitaker was the candidate of the Republican Party for Treasurer of Iowa. From 2004 to 2009, he served as the United States Attorney for the Southern District of Iowa, where he was known for aggressively prosecuting drug traffickers."Attorney Goes After Drug Traffickers", ''The Des Moines Register'' (March 28, 2005), p. 4B. Whitaker ran in the 2014 Iowa Republican primary for the United States Senate. He later wrote opinion ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Attorney General
The United States attorney general (AG) is the head of the United States Department of Justice, and is the chief law enforcement officer of the federal government of the United States. The attorney general serves as the principal advisor to the president of the United States on all legal matters. The attorney general is a statutory member of the Cabinet of the United States. Under the Appointments Clause of the United States Constitution, the officeholder is nominated by the president of the United States, then appointed with the advice and consent of the United States Senate. The attorney general is supported by the Office of the Attorney General, which includes executive staff and several deputies. Merrick Garland has been the United States attorney general since March 11, 2021. History Congress passed the Judiciary Act of 1789 which, among other things, established the Office of the Attorney General. The original duties of this officer were "to prosecute and conduct all sui ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Patent Marketing
World Patent Marketing (WPM), founded in 2014 by Scott G. Cooper was a fraudulent Miami-based corporation that presented itself as an invention-promotion firm but was later determined by the Federal Trade Commission (FTC) to defraud investors seeking to market inventions. In March 2018, following an FTC investigation, World Patent Marketing was shut down and Cooper was banned from the patent industry and ordered to pay nearly $1 million in FTC fines. WPM was described as part of a "long history of invention scammers", although "few exceeded Scott J . Cooper at wringing so much money out of individual victims. The company defrauded thousands of consumers out of millions of dollars by promising inventors lucrative patent agreements. WPM marketed false success stories, collected sizable fees from clients, did not deliver on their promises, and later used threats and intimidation to discourage complaints.The company also recruited a group of notable individuals to serve on their advi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Settlement Agreement
In law, a settlement is a resolution between disputing parties about a legal case, reached either before or after court action begins. A collective settlement is a settlement of multiple similar legal cases. The term also has other meanings in the context of law. Structured settlements provide for future periodic payments, instead of a one time cash payment. Basis A settlement, as well as dealing with the dispute between the parties is a contract between those parties, and is one possible (and common) result when parties sue (or contemplate so doing) each other in civil proceedings. The plaintiffs and defendants identified in the lawsuit can end the dispute between themselves without a trial. The contract is based upon the bargain that a party forgoes its ability to sue (if it has not sued already), or to continue with the claim (if the plaintiff has sued), in return for the certainty written into the settlement. The courts will enforce the settlement. If it is breached, the par ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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