Monetization of Patent Rights (Part 1)

  • 2024年09月10日
#intellectual property #patent

 There are several possible strategies for businesses to monetize patent rights. Typical methods are listed below.

1, Licensing

 Exclusive license: this is a method of granting a patent right exclusively to a specific company for a license fee. This gives the company an advantage over other competitors.
 Non-exclusive license: a method of obtaining a broad license fee by granting a license to several companies at the same time. License fees tend to be lower than those for exclusive licenses, but it allows diversification of revenues.

2, Cross-licensing

 This is a strategy of exchanging patent rights with another company to make the technology owned by both parties mutually available. This reduces the payment of license fees and the risk of patent infringement and encourages the development of new technologies.

3, Commercialization

 This is a way of earning direct revenues by commercializing the patented technology in-house and offering it to the market as a product or service. This requires manufacturing, sales and marketing capabilities.
 Offering the product, service or business model covered by the patent right to the market on your own (e.g. by implementing the product on your own, using the method on your own) is an inherently basic and core way of implementing a patented invention (the traditional way of utilizing the patent system).
 Commercialization has the potential to maximize the value of the patent.

4, Sale of patent rights

 Selling the patent rights in a lump sum is a way of obtaining immediate capital. It is important to estimate the future value of the patent rights and sell them at an appropriate price. Possible sellers include other companies in the same industry, patent brokers or investors.

 These are some of the ways to monetize (utilize) patent rights, which will be continued in the next article.
(Maruhachi)

About nail clippers

  • 2024年09月06日
#design #intellectual property #patent

It’s Swimmer.
The other day, while watching a TV program on new product development failures, I heard a lot of words related to intellectual property, such as ‘patent rights’, ‘infringement’, ‘design rights’, etc. I thought to myself, I usually hear about patents, but in comparison, I don’t hear much about designs.

How to dodge other companies’ intellectual property rights, the hardships of selling new products, and how to strengthen one’s own intellectual property after twists and turns…… were very interesting. I felt that there are more and more opportunities to encounter intellectual property terms even in this kind of variety-style program.

nail clipper

The image shows a nail clipper manufactured by the company featured in the program that has been used in our home for over 40 years. It still cuts very well.

The Yellow and White Paper

  • 2024年08月21日
#design #intellectual property #patent #trademark

My family and I often go to “Kura Sushi” in our neighborhood.
However, it is always crowded, and we often have to wait even if we have a reservation.
One day, when we were waiting in the restaurant to be called as usual, I happened to see a familiar piece of paper displayed in a frame behind the waiting seat where I happened to sit.

a patent certificate and a registration certificate

What a surprise…a patent certificate and a registration certificate Σ(・ω・ノ)ノ!
I said to my family, “Look! There are patent and registration certificates!” (laugh).
It was the first time I noticed them at Kura Sushi, a place I have visited many times, and I was a little happy to encounter them in such a familiar place.

With 35 patents, 15 designs, and 531 trademarks, you can see that Kura Sushi Co. puts a lot of effort into intellectual property. (Rabbit)

Early Detection of Cancer by Urine Test “miSignal”

  • 2024年07月31日
#patent #trademark

 “miSignal” (Japanese Trademark Registration No. 6548820), a cancer risk test, has been newly added as an optional test this year in the regular health checkups that our firm employees receive.

miSignal

 This test analyzes microRNAs contained in urine and enables early detection of five types of cancer in men (lung, stomach, colon, esophagus, and pancreas) and seven types of cancer in women (ovary and breast cancer). When I took the test for the first time, I received a 20-page test result report following the page in the photo below.

miSignal report

 Craif Inc, which operates the test, is a venture company from Tokai National Higher Education and Research System (Nagoya University). By using an exosome extraction device with zinc oxide nanowires, it is now possible to detect a wide variety of microRNAs from a small amount of urine. The invention of “body fluid extract containing microRNA” disclosed in Japanese Patent Publication No. 2020-92688 and Japanese Patent Publication No. 2023-123592 (divisional application) is presumably related to this technology.

 We hope that the miSignal test will be widely used and that many people will be able to extend their healthy life expectancy through early detection of cancer risk. (Conan)

 (Reference site)
https://misignal.jp/ (Japanese only)
https://craif.com/en/

Sweet Buns

  • 2024年07月11日
#invention #patent #trademark

 Hello. This is Raspberry, Kiku.
 This time, I would like to introduce you to high-grade sweet bean and high-grade jam sweet buns from Yamazaki Baking Co. There are several bread manufacturers, but I would like to focus on Yamazaki Baking Co.
 This is the first time I bought their high-grade sweet bean and high-grade jam sweet buns.

high-grade sweet bean and high-grade jam sweet buns from Yamazaki Baking Co.

 Yamazaki Baking produces not only sweet buns but also Japanese sweets and rice balls.
 The company’s sweet buns have a relatively long expiration date and can be stored for a long time, making them a valuable food in times of disaster.
 Yamazaki Baking Company has been applying for patents since 1972, and for trademark registration since 1954.
 The year 1954 was the year that the Ministry of International Trade and Industry (now the Ministry of Economy, Trade and Industry) decided on January 28, 1954 to designate April 18 of every year as “Invention Day” for the purpose of promoting and educating people about the patent system and other industrial property rights systems.
 I felt the history and future potential of intellectual property.

Yamazaki Baking Company (English) https://www.yamazakipan.co.jp/english/businesses/bread/index.html
Japan Patent Office Invention Day (English) https://www.jpo.go.jp/e/introduction/rekishi/hatsumei.html

Mattress worth more than the price

  • 2024年06月05日
#design #patent #trademark

 I am considering buying a new bed. There are many factors to consider when choosing a new bed, such as the comfort of the mattress, whether it is firm or soft, and the material it is made of. When I went to Nitori the other day, I found a “Patent Registered” mark on the “N Sleep Luxury Series” mattress.

 A J-PlatPat search for “Nitori Holdings, Inc.” and “mattress” yielded 11 patents (8 of which were valid), 10 designs, and 16 trademarks related to “N Sleep,” the name of the mattress product series.

 At the store, I could lie down without taking off my shoes, and it was fun to try different kinds of products. I also found out that I prefer “firm” sleeping comfort. Since it is something to use for a long time, so I will carefully consider my choice. (Marron)

Nitori N Sleep Mattress Special (Japanese only)
https://www.nitori-net.jp/ec/feature/nsleepmattress/

Guinomi and Masu

  • 2024年03月26日
#patent

 We would like to introduce a product related to a patent obtained at our firm (Hattori & Partners) on behalf of our client. They are “Guinomi” ,a sake cup and “Masu” , a square wooden container or measure. The “Masu” can be used to measure the mass of sake or rice, and can also be used as a sake container.

Guinomi and Masu

 Furthermore, if a lid is attached, it can be used as a wooden box for storing the sake cup as a sake container. Sake drinkers can choose to use the Masu as a container for holding sake, or they can choose to use the sake cups taken out of the Masu box as a sake drinking container. Full of good things !(^^)!

Guinomi and Masu

 You can also enjoy choosing the Masu or the Guinomi according to your mood at the time. To give a gift, you can change the shape and design of the Guinomi to match the taste of the person giving or receiving it.
 This is a thoughtful, elegant, and chic gift for those who are interested in sake. How about this versatile and multifunctional souvenir?

Guinomi and Masu

 In these days of the sake boom, this is a collection of ideas for promoting sake. Japanese Patent Registration No. 7190194 is an example of how a simple, everyday idea can be patented. Furthermore, this product was produced to support Tanegashima pottery. (rice ball)

Safety Razor Blade

  • 2024年01月05日
#Inventions of the Day #patent

 Today, I will introduce an invention that is closely associated with today (January 5), the safety razor blade. January 5 is the birthday of King Camp Gillette, an American businessman and inventor of the safety razor.

 When I think of safety razors, I think of Gillette or Schick, although there is also Kaijirushi(KAI) and Feather. By the way, I use Schick’s Extreme 3 every morning. It is a disposable product, but it lasts rather long (lol).

Schick's Extreme 3

 Gillette was born in 1855 in Wisconsin and grew up in Chicago, Illinois. While working as a salesman, he came up with the idea of inventing a disposable razor blade when his employer told him that he could stabilize his customer base by introducing a disposable product. He went on to develop a replaceable blade safety razor and founded the Gillette Company in September 1901. In December of the same year, he applied for a patent, and after a three-year examination period, he was granted a patent.

(When I searched the J-Plat Pat, the information came up, but unfortunately, “The specified gazette does not exist.” However, a search on Google Patents yielded the gazette as well.)

 Although Gillette did not do well in 1903 when it started manufacturing and selling razor blades, the company’s performance increased when it distributed it to drinks as a free gift, and in 1918, the U.S. government ordered razor blades and replacement blades for soldiers serving in World War I. This led to the company becoming the world’s largest manufacturer of razor blades.

 Today, Gillette is known for its razor and blades model, a business strategy that is said to have been pioneered by the company. This model is based on selling the core product at a lower price (or offering it free of charge) in order to increase sales of complementary products such as consumables. Even today, there are examples such as inkjet printers, where the price of ink cartridges has increased dramatically; coffee machines, where you have to buy special capsules or pods for use; electric toothbrushes…. I’m sure you have some of these in mind. I have all of those listed here (lol).

 Anyway, I guess it is not so easy to succeed just by making a groundbreaking invention. I would like to refer to the struggles of our predecessors who created new markets that had never existed before. (blink)

Seminar on AI and Patent Application

  • 2023年12月22日
#patent

 The Tokai-kai of the Japan Patent Attorneys Association will hold a seminar on January 26, 2024 at the Nagoya Kanko Hotel to commemorate the opening day of the Tokai-kai. The theme of the seminar will be AI (Artificial Intelligence), which has been the focus of much attention recently.
https://www.jpaa-tokai.jp/activities/seminar/chizaiDetail_2941.html

AI

 There are three types of AI-related inventions as follows
(1) AI algorithm invention: Invention about the algorithm of AI technology itself
(2) AI-utilizing invention: Invention to use a completed AI algorithm
(3) AI output invention: An invention that identifies the optimal parameters output by an AI learning model.

 Among these inventions, (2) AI-utilizing inventions are frequently filed in all technical fields. This year (August 2023), I was also in charge of filing a patent application for an AI-utilizing invention. In writing the claims, I referred to the “Patent and Utility Model Examination Handbook” for AI-related technologies and other examples. Generally, claims for AI inventions specify the invention using terms such as “machine learning,” “teacher data,” “learned model,” etc. AI technology is expected to expand the possibilities of intellectual property rights related to AI in the future through various innovations with new points of view not found in conventional technologies. (Conan)

Kids Design Award

  • 2023年11月01日
#design #invention #patent #trademark

The other day, while using the Internet, I came across the term “Kids Design Award”. Somehow I thought it might be related to design, so I read the article “Kids Design Award for ‘Eye Care Clip’ to Control Children’s Myopia“.

The Kids Design Award is an award system for products, services, spaces, activities, and research that fulfill the objectives of “living safely,”, “nurturing sensitivity and creativity,” and “creating a society where it is easy to have and raise children.”. With the aim of disseminating this information to society at large, it appears that in addition to designs for children, designs developed for adults and the general public are also eligible as long as they are child and child-rearing friendly.

Kids Design Award

The “Eye Care Clip” introduced in the article is a product developed by Clear Electronic Co., Ltd. in Tokyo I searched J-Plat Pat to see if the company had also owned patent and registered design, and found, as expected, 2 Japanese Patent applications, 4 Japanese Designs registrations, and 18 Japanese trademark applications.

Also, “Kids Design Award\KIDS DESIGN AWARD” was registered as a trademark. (Japanese Trademark registration No. 5010693, right holder: Non-profit organization Kids Design Association)

I was interested in the Kids Design Award because I felt that the award and intellectual property are a bit similar.
It would be nice to enrich our lives with useful inventions for children and families raising children. (Rabbit)

Kids Design Award (website) https://kidsdesignaward.jp/