What does it mean to license an invention? Licensing an invention is akin to renting it out to someone else, allowing them the right to use and sell the product
Intellectual property is crucial for startups when attracting investors because it provides a competitive advantage and establishes a monopoly over their innovations. Patents, copyrights, and trademarks offer legal protection, ensuring
What inspired Wayne to become an inventor at a young age? Wayne’s journey as an inventor began at the age of four when he innovatively rigged an old television without
Transforming a protected invention into a profitable business requires strategic planning beyond securing a patent. This episode of Guardians of Innovation explores how inventors can evaluate the market potential of
Navigating the patent process while developing a market-ready product requires careful timing and collaboration. This episode of Guardians of Innovation explores the essential steps for inventors, including conducting patent searches,
What does Vincent LoTempio emphasize about the importance of patents for inventors and businesses? Vincent LoTempio explains that patents are essential because they provide inventors and businesses with legal protection
How does intellectual property (IP) law apply in academic and research environments? Vincent LoTempio explained that in most university and research environments, intellectual property created during employment is contractually owned
Why doesn’t copyright law fully protect clothing designs? Clothing design typically isn’t protected under copyright law unless there is a functional or utilitarian aspect to it. The law currently favors
