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Wednesday, January 11, 2006

Patents Management : Changing Contours

For the thirteenth consecutive year, IBM was awarded the most patents-more than 2,900-by the U.S. Patent and Trademark Office. The three multiparty efforts to increase review of patent applications,partly taps open-source developers and collaborative software. Partners include the Patent Office and the Open Source Development Labs OSDL, an industry consortium that launched a "patent commons" for open-source communities quite recently. The U.S. patent system and the quality of patents are increasingly high-profile issues in the technology industry. Patents litigation has forced intellectual property licensing firms to become more active.The NYTimes wrote, the patent office has come under increasing pressure in recent years from critics who contend that it issues patents without adequate investigation of earlier inventions. As a result, conflicts over published patents have loosed an avalanche of intellectual property litigation. The OSDL is hosting a Web site called the Open Source Software as Prior Art project, which will be designed as a way to search through existing open-source code. IBM, Novell, Red Hat and VA Software's SourceForge.net are participating. The third initiative, calls for a system to rank the quality of the patent application, leading to a Patent Quality Index, a system to rank the quality of the patent application.Also read,do not miss to read why patents should not be equated with Innovation. The US is the economic engine of the world – lets hope that it continues to innovate faster, better and emerge stronger. Collaboration in innovation is always a workable solution. Together with the Asia let more innovation blossom and let the world prosper a lot more - innovation and prosperity are closely related.

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Sadagopan's Weblog on Emerging Technologies, Trends,Thoughts, Ideas & Cyberworld
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