E05 - Patents & Intellectual Property 101 – Part 2
Q.1
The speaker uses the example of the invention of the ice cream cone to make many of her points about patents. What is the story of the ice cream cone invention?
The ice cream cone was invented by Mr. Fredrick Baskin and Mr. Joseph Robbins in a small town in Mississippi.
The ice cream cone was invented at the 1904 St. Louis World’s Fair when an ice cream vendor ran out of bowls and asked a waffle vendor if he could fold his waffles into cones to sell his ice cream in.
The invention of the ice cream cone came about after the Civil War on a dairy farm in Virginia.
The ice cream cone was invented by a baker in Illinois who accidentally baked a strange cone like cake and for laughs decided to put a scoop of ice cream in it.
Q.2
The speaker said that there are three basic tests that must be met for patentability. What were they?
Can’t be obvious, can’t have been done in another country and can’t have been sold before.
Novelty, original idea and potential for profitability
Utility, novelty and nonobviousness
Practical use, original invention, and marketability
Q.3
The speaker talked about patent infringement. How did she define what an infringement is?
An infringement is a situation whereby someone else’s patent includes claim provisions that are identical to the claims of your own patent.
An infringement is when the claims of a new patent predates the claims of an earlier, existing patent.
An infringement occurs when two or more inventors of the same idea can’t agree on what they have invented.
An infringement occurs when a person makes a product that is covered by the claims of someone else’s patent.
Q.4
The speaker talked about the concept of licensing of patent. How did the speaker explain what patent licensing is?
Licensing is a written agreement where you are giving someone the right to use the claims of your patent to make a product that would otherwise be covered by your patent.
Licensing refers to the actual patent number that is assigned to your patent. The smaller patent number always enjoys rights over larger numbered patents.
Licensing is when one manufacturer agrees to manufacture a product for another manufacturer.
Licensing is when a sports team licenses it logo or mascot to a company to make a product with the team’s logo or mascot on it.
Q.5
The speaker talked about two other forms of intellectual property, trade secrets and trademarks. How did the speaker explain what a trademark is?
A trademark is an adjective that describes the source of your product.
A trademark is a noun that describes the nature of a product.
A trademark goes to the identity of a product and protects the source/identity associated with the product/service to which it is attached.
A trademark is both an adjective that describes the source of your product and it goes to the identity of a product and protects the source/identity associated with the product/service to which it is attached.