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  Intellectual Property Strategy



ARSHIA TABRIZI, ESQ.
B.A.Sc. (Comp. Eng.), Juris Doctor


Tabrizi Law Office


February 6, 2008




2/7/08                  Copyright 2008, Tabrizi Law Office Professional   2
                              Corporation. All Rights Reserved.
Intellectual Property Strategy

   Entrepreneurship 101 – MaRS Discovery District
           Wednesday, February 6, 2007

             ARSHIA TABRIZI, ESQ.
         B.A.Sc. (Comp. Eng.), Juris Doctor




               www.tabrizilaw.com
Why Do We Care About IP?

What is your business?
Innovation
What do you have to start?
Idea
         Intangible Asset
         Protect It
         Exploit It
         “IP” It
2/7/08                Copyright 2008, Tabrizi Law Office Professional   4
                            Corporation. All Rights Reserved.
How Do I “IP” My Ideas?

Don’t share them with the world
Talk to a qualified lawyer
Pay attention to this lecture




2/7/08        Copyright 2008, Tabrizi Law Office Professional   5
                    Corporation. All Rights Reserved.
What Will You Learn about IP?

What is IP?
How do I Get IP?
How do I Keep IP?
How do I Use IP?
What are the Pros and Cons of IP?




2/7/08       Copyright 2008, Tabrizi Law Office Professional   6
                   Corporation. All Rights Reserved.
IP #1 – Trade Secrets

What is a Trade Secret?
A Trade Secret
         Formula
         Program
         Device
         Process
Business information
         Business Plan
         Customer list
2/7/08               Copyright 2008, Tabrizi Law Office Professional   7
                           Corporation. All Rights Reserved.
IP #1 – Trade Secrets

How do I Get a Trade Secret?
Don’t Steal It




2/7/08       Copyright 2008, Tabrizi Law Office Professional   8
                   Corporation. All Rights Reserved.
IP #1 – Trade Secrets

How do I Keep a Trade Secret?
Keep It Secret
NDA It
Secure It
Mark It - “CONFIDENTIAL”




2/7/08       Copyright 2008, Tabrizi Law Office Professional   9
                   Corporation. All Rights Reserved.
IP #1 – Trade Secret

How do I Use It?
Stealth Mode
Competitors in Dark
Get Information
Get Funding
License It
Franchise It

2/7/08       Copyright 2008, Tabrizi Law Office Professional   10
                   Corporation. All Rights Reserved.
IP #1 – Trade Secrets

PROS                                       CONS

Nobody Knows                              Oops
Secret Forever                            Reverse Engineering
                                           Enforce




2/7/08            Copyright 2008, Tabrizi Law Office Professional   11
                        Corporation. All Rights Reserved.
IP #2 - Patents

 What is a Patent?
 Invention
         New
         Not Obvious
         Utility
 Product
 Process
 Machine
 Composition of matter
2/7/08                  Copyright 2008, Tabrizi Law Office Professional   12
                              Corporation. All Rights Reserved.
IP #2 - Patents

What is a Patent?
NOT an Idea
NOT a mathematical formula
NOT a method of medical treatment




2/7/08       Copyright 2008, Tabrizi Law Office Professional   13
                   Corporation. All Rights Reserved.
IP #2 - Patents
 How do I Get a Patent?
 Search Patent Registry
 File Application
         Disclose Invention
         Claims (Scope of Invention)
         1-Year Grace Period
 Country by Country
 Fight to Get It
         Prosecute
 Be Patient
2/7/08                   Copyright 2008, Tabrizi Law Office Professional   14
                               Corporation. All Rights Reserved.
IP #2 - Patents

How do I Keep a Patent?
20 Years from Filing
Maintenance Fees
Improvement Patents




2/7/08       Copyright 2008, Tabrizi Law Office Professional   15
                   Corporation. All Rights Reserved.
IP #3 - Patents

How do I Use a Patent?
20-Year Monopoly
Exclude Competitors
         Sue Them
         License to Them
Defend Yourself
         At Least I Can Use
         If You Scratch My Back…
Venture Capital
2/7/08               Copyright 2008, Tabrizi Law Office Professional   16
                           Corporation. All Rights Reserved.
IP #2 - Patents

PROS                                   CONS


20-Year Monopoly                      Tell the World
Higher Royalties                      Cost to File ($20k)
Good Guys Lose                        Cost to Enforce ($1m)




2/7/08        Copyright 2008, Tabrizi Law Office Professional   17
                    Corporation. All Rights Reserved.
IP #3 - Copyright

What is a Copyright?
A Work
Literary, musical, dramatic, artistic
         Content
         Software
         Website
         Documentation
         Drawings, Designs
Not a Patent
2/7/08               Copyright 2008, Tabrizi Law Office Professional   18
                           Corporation. All Rights Reserved.
IP #3 - Copyright

How do I Get a Copyright?
Create a Work
         Original
Automatic
Get It from Employees
         Written Contract



2/7/08                Copyright 2008, Tabrizi Law Office Professional   19
                            Corporation. All Rights Reserved.
IP #3 - Copyright

How do I Keep It?
Don’t Die
         Life of author plus 50 years




2/7/08                 Copyright 2008, Tabrizi Law Office Professional   20
                             Corporation. All Rights Reserved.
IP #3 - Copyright

How do I Use It?
Prevent Copying
         Software, Code, Content
         All or part
License It




2/7/08                Copyright 2008, Tabrizi Law Office Professional   21
                            Corporation. All Rights Reserved.
IP #3 - Copyright

PROS                                    CONS


Easy and Cheap        Does Not Protect Idea
Employee Contribution Only Copycats
Licensing Revenue     Life + 50




2/7/08         Copyright 2008, Tabrizi Law Office Professional   22
                     Corporation. All Rights Reserved.
IP #4 - Trademarks

What is a Trademark?
Brand Name
         Company
         Product
         Service
Design
         Nike logo


2/7/08                Copyright 2008, Tabrizi Law Office Professional   23
                            Corporation. All Rights Reserved.
IP #4 - Trademarks

How do I Get a Trademark?
Use It
File Application
         Fight for It (Prosecute)
         Country by country
         $2,500 per mark
         12 – 16 months


2/7/08                 Copyright 2008, Tabrizi Law Office Professional   24
                             Corporation. All Rights Reserved.
IP #4 - Trademarks

How do I Keep a Trademark?
Use It
Document Use
Monitor
Enforce




2/7/08      Copyright 2008, Tabrizi Law Office Professional   25
                  Corporation. All Rights Reserved.
IP #4 - Trademarks

How do I Use a Trademark?
Protect Goodwill
         Brand has Reputation
Stop Confusion
         Free-riders
License It



2/7/08                  Copyright 2008, Tabrizi Law Office Professional   26
                              Corporation. All Rights Reserved.
IP #4 - Trademarks

PROS                                    CONS


Goodwill of Brand                      A product or service
Knock-Offs                             Use It or Lose It




2/7/08         Copyright 2008, Tabrizi Law Office Professional   27
                     Corporation. All Rights Reserved.
About Us

Tabrizi Law Office P.C. (Founded 2002)
         100% Clients are Emerging Tech Companies
         Boutique - “Start-up Law”
           Corporate, Venture Capital
           Intellectual Property Law
           Technology Transactions (Licensing, JVs)
         Industries
           Software, hardware, communications, Web 2.0,
            alternative energy, nanotechnology, biotech, pharma



2/7/08                  Copyright 2008, Tabrizi Law Office Professional   28
                              Corporation. All Rights Reserved.
Entrepreneurship 101: IP Management

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Entrepreneurship 101: IP Management

  • 1.
  • 2. ` Intellectual Property Strategy ARSHIA TABRIZI, ESQ. B.A.Sc. (Comp. Eng.), Juris Doctor Tabrizi Law Office February 6, 2008 2/7/08 Copyright 2008, Tabrizi Law Office Professional 2 Corporation. All Rights Reserved.
  • 3. Intellectual Property Strategy Entrepreneurship 101 – MaRS Discovery District Wednesday, February 6, 2007 ARSHIA TABRIZI, ESQ. B.A.Sc. (Comp. Eng.), Juris Doctor www.tabrizilaw.com
  • 4. Why Do We Care About IP? What is your business? Innovation What do you have to start? Idea Intangible Asset Protect It Exploit It “IP” It 2/7/08 Copyright 2008, Tabrizi Law Office Professional 4 Corporation. All Rights Reserved.
  • 5. How Do I “IP” My Ideas? Don’t share them with the world Talk to a qualified lawyer Pay attention to this lecture 2/7/08 Copyright 2008, Tabrizi Law Office Professional 5 Corporation. All Rights Reserved.
  • 6. What Will You Learn about IP? What is IP? How do I Get IP? How do I Keep IP? How do I Use IP? What are the Pros and Cons of IP? 2/7/08 Copyright 2008, Tabrizi Law Office Professional 6 Corporation. All Rights Reserved.
  • 7. IP #1 – Trade Secrets What is a Trade Secret? A Trade Secret Formula Program Device Process Business information Business Plan Customer list 2/7/08 Copyright 2008, Tabrizi Law Office Professional 7 Corporation. All Rights Reserved.
  • 8. IP #1 – Trade Secrets How do I Get a Trade Secret? Don’t Steal It 2/7/08 Copyright 2008, Tabrizi Law Office Professional 8 Corporation. All Rights Reserved.
  • 9. IP #1 – Trade Secrets How do I Keep a Trade Secret? Keep It Secret NDA It Secure It Mark It - “CONFIDENTIAL” 2/7/08 Copyright 2008, Tabrizi Law Office Professional 9 Corporation. All Rights Reserved.
  • 10. IP #1 – Trade Secret How do I Use It? Stealth Mode Competitors in Dark Get Information Get Funding License It Franchise It 2/7/08 Copyright 2008, Tabrizi Law Office Professional 10 Corporation. All Rights Reserved.
  • 11. IP #1 – Trade Secrets PROS CONS Nobody Knows Oops Secret Forever Reverse Engineering Enforce 2/7/08 Copyright 2008, Tabrizi Law Office Professional 11 Corporation. All Rights Reserved.
  • 12. IP #2 - Patents  What is a Patent?  Invention New Not Obvious Utility  Product  Process  Machine  Composition of matter 2/7/08 Copyright 2008, Tabrizi Law Office Professional 12 Corporation. All Rights Reserved.
  • 13. IP #2 - Patents What is a Patent? NOT an Idea NOT a mathematical formula NOT a method of medical treatment 2/7/08 Copyright 2008, Tabrizi Law Office Professional 13 Corporation. All Rights Reserved.
  • 14. IP #2 - Patents  How do I Get a Patent?  Search Patent Registry  File Application Disclose Invention Claims (Scope of Invention) 1-Year Grace Period  Country by Country  Fight to Get It Prosecute  Be Patient 2/7/08 Copyright 2008, Tabrizi Law Office Professional 14 Corporation. All Rights Reserved.
  • 15. IP #2 - Patents How do I Keep a Patent? 20 Years from Filing Maintenance Fees Improvement Patents 2/7/08 Copyright 2008, Tabrizi Law Office Professional 15 Corporation. All Rights Reserved.
  • 16. IP #3 - Patents How do I Use a Patent? 20-Year Monopoly Exclude Competitors Sue Them License to Them Defend Yourself At Least I Can Use If You Scratch My Back… Venture Capital 2/7/08 Copyright 2008, Tabrizi Law Office Professional 16 Corporation. All Rights Reserved.
  • 17. IP #2 - Patents PROS CONS 20-Year Monopoly Tell the World Higher Royalties Cost to File ($20k) Good Guys Lose Cost to Enforce ($1m) 2/7/08 Copyright 2008, Tabrizi Law Office Professional 17 Corporation. All Rights Reserved.
  • 18. IP #3 - Copyright What is a Copyright? A Work Literary, musical, dramatic, artistic Content Software Website Documentation Drawings, Designs Not a Patent 2/7/08 Copyright 2008, Tabrizi Law Office Professional 18 Corporation. All Rights Reserved.
  • 19. IP #3 - Copyright How do I Get a Copyright? Create a Work Original Automatic Get It from Employees Written Contract 2/7/08 Copyright 2008, Tabrizi Law Office Professional 19 Corporation. All Rights Reserved.
  • 20. IP #3 - Copyright How do I Keep It? Don’t Die Life of author plus 50 years 2/7/08 Copyright 2008, Tabrizi Law Office Professional 20 Corporation. All Rights Reserved.
  • 21. IP #3 - Copyright How do I Use It? Prevent Copying Software, Code, Content All or part License It 2/7/08 Copyright 2008, Tabrizi Law Office Professional 21 Corporation. All Rights Reserved.
  • 22. IP #3 - Copyright PROS CONS Easy and Cheap Does Not Protect Idea Employee Contribution Only Copycats Licensing Revenue Life + 50 2/7/08 Copyright 2008, Tabrizi Law Office Professional 22 Corporation. All Rights Reserved.
  • 23. IP #4 - Trademarks What is a Trademark? Brand Name Company Product Service Design Nike logo 2/7/08 Copyright 2008, Tabrizi Law Office Professional 23 Corporation. All Rights Reserved.
  • 24. IP #4 - Trademarks How do I Get a Trademark? Use It File Application Fight for It (Prosecute) Country by country $2,500 per mark 12 – 16 months 2/7/08 Copyright 2008, Tabrizi Law Office Professional 24 Corporation. All Rights Reserved.
  • 25. IP #4 - Trademarks How do I Keep a Trademark? Use It Document Use Monitor Enforce 2/7/08 Copyright 2008, Tabrizi Law Office Professional 25 Corporation. All Rights Reserved.
  • 26. IP #4 - Trademarks How do I Use a Trademark? Protect Goodwill Brand has Reputation Stop Confusion Free-riders License It 2/7/08 Copyright 2008, Tabrizi Law Office Professional 26 Corporation. All Rights Reserved.
  • 27. IP #4 - Trademarks PROS CONS Goodwill of Brand A product or service Knock-Offs Use It or Lose It 2/7/08 Copyright 2008, Tabrizi Law Office Professional 27 Corporation. All Rights Reserved.
  • 28. About Us Tabrizi Law Office P.C. (Founded 2002) 100% Clients are Emerging Tech Companies Boutique - “Start-up Law” Corporate, Venture Capital Intellectual Property Law Technology Transactions (Licensing, JVs) Industries Software, hardware, communications, Web 2.0, alternative energy, nanotechnology, biotech, pharma 2/7/08 Copyright 2008, Tabrizi Law Office Professional 28 Corporation. All Rights Reserved.