Intellectual Property – Don’t get ripped off! Tim Gilbert 13 May 2015 1 How could IP help you? • • • • • • • • Creating a barrier to market entry Licensing and cross-licensing Outsourcing manufacture Preventing or stopping infringers and counterfeiters Increasing confidence for making investments Increasing capital assets Seeking investment or tax incentives Gaining credibility 2 Relevant types of IP • IP Rights obtained by registration – – – – Patents Registered Designs Registered Trade Marks Domain names • Unregistered IP Rights – Unregistered design right – Trade marks – Copyright 3 Patents 4 Patents • A bargain between an inventor and the governing authority. • Disclosure –v- monopoly – If requirements for patentability met. • Why do people want patents? – Monopoly protection. – Licensing. – An asset. 5 Patent monopoly • Making, importing, selling, stocking or using patented products. • Using or offering for use a patented process. • Also covers secondary markets. • No deliberate copying required for infringement. • 20 years protection. • Extendable overseas. 6 Patentability Requirements Novelty. Inventiveness – not obvious. Capable of industrial application. Not excluded. 7 The Patenting Process Pre-filing search? Preparing and filing patent application. Search. Examination. Grant. Renewal fees. 8 Patent claims • Monopoly is defined by the claims. • Claim language is therefore very important. 9 Obtaining a patent • Time till grant typically 2 – 7 years, usually 3 – 5 years. • Costs to file in the UK typically £1,500 - £3,000. • UK patent to grant typically £3,000 - £6,000. 10 Registered Designs 11 Registered Designs Protects appearance of article, especially aesthetic appearance i.e. pattern applied thereto and/or shape. UK, Community or foreign application. Requirements – novelty and not commonplace. 12 Registered Design monopoly Covers designs which do not provide a “different overall impression to the informed user”. No copying required for infringement. Duration 25 years. Extendable overseas. 13 Registering a Design Straightforward and relatively quick application procedure at least in UK and EU. Typical filing costs. UK £500, EU £1000. Renewals every 5 years. File drawings or photographs, usually from different angles. 14 Registered Trade Marks 15 Types of Trade Marks • Commonest – Word eg POLO, WEETABIX, APPLE, IPOD, CARLSBERG, FERRARI, GEORGIO ARMANI – stylised word in a specific form – logo • Less common – shape – sound • Rare! – gesture – smell 16 Trade Mark monopoly • Protects against the use of: – Identical marks on identical goods and services – Identical or similar marks for identical or similar goods and services – Conflict with a mark of repute • No copying required for infringement. • Potentially unlimited duration of protection. • Extendable overseas. 17 Registering a Trade Mark • A Relatively quick application procedure, at least in the UK and EU. • All goods/services fall within an International classification system (Classes 1 to 45). • To be registrable, a mark must be distinctive, i.e. not descriptive. • Marks can co-exist in different fields, e.g. POLO, LOTUS • Filing costs depend on number of classes, but start at UK £400, EU £1,250. 18 Ownership of IP • Patents assumed to belong to the inventor, or their employer if appropriate. • Designs assumed to belong to the designer, or their employer if appropriate. • Trade marks usually assumed to belong to the party that first uses the trade mark. 19 Avoiding ownership conflicts • Potential conflicts with: – – – – Commisioners Employers Joint developers, e.g. educational establishments Funding providers • Solutions: – Assignments of IP rights. – Enforceable IP contracts. – Joint ownership agreements (high risk). 20 Who can help? • Patents – UK and European Chartered Patent Attorneys. – See www.CIPA.org.uk for list of Chartered attorneys. • Trade Marks – Trade Mark Attorneys. – See www.itma.org.uk for list of Registered attorneys. • Registered Designs – See above. 21 Who are we? • We are a full service IP consultancy. – Chartered Patent Attorneys • Specialists in most fields. • ‘In-house’ experience. – Trade Mark Attorneys • Including a renowned Litigator and Advocate. – Highly recommended in the Legal 500. • We serve clients of all sizes and locations. 22 Interested to hear more? • Chat to us over the phone. • Arrange a free consultation before committing. • Our website: www.patents.co.uk 23