Business patent essay

1 page single space, or 1 and half

Only do red parts

The important thing is you must need to find the companies’ patent number!!!

As if your project scope was not broad enough, another client CAE Electronics has hired your team to help it understand the state of competition in the simulator market. CAE Electronics would like you to help them with a number of tasks. They are interested in knowing more about how they can protect their intellectual property. Specifically, they would like your team help them understand their options in regards to patent strategy. From the USPTO patent database, the client would like you to identify three key competitors, three potential alliance or acquisition targets, four potential new personnel hires, and two or three logical locations to situate an operating facility should they choose to ally with, or acquire one of the suggested alliance or acquisition targets (Use one as an example). What is CAE Electronics patent strategy? Your client is also interested in your thoughts on the patent activity of its two major competitors. Is a patent race underway? Who is winning? Please reference online information sources appropriately using endnotes. Please end the analysis with a discussion regarding implications. In other words, after gathering the data, so what? What does it mean?

Suggested Reading:

· Deepak Sumaya and David Teece (2012) Business Model and Patent Strategies in Multi Invention Contexts Ivey Business Journal http://iveybusinessjournal.com/topics/innovation/business-models-and-patent-strategies-in-multi-invention-contexts#.VAeummOwWSo

Comment on Patents:

Just as the Library of Congress has its own classification scheme for organizing library holding so too are patents classified in an organized manner. Increasingly the world’s national patent systems are harmonizing how they manage and organize patents. Two classification systems gaining dominance are the International Patent Classification, IPC and the

· A guide to the IPC Patent Classification may be access using this link. http://web.archive.org/web/20071014011734/http://www.wipo.int/classifications/ipc/en/other/guide/guide_ipc8.pdf

· A link to the actual IPC classification is as follows. http://www.wipo.int/classifications/ipc/en/ITsupport/Version20150101/transformations/viewer/index.htm

· A guide to the CPC classification can be accessed using this link. http://www.uspto.gov/web/patents/classification/cpc.html

· Increasingly patent experts are using Google patent search to access information on patents in many countries. Here is a link to this search tool. https://www.google.com/patents/

· A brief text tutorial focused on patent searching may be access using the following link. http://www.ipwatchdog.com/2015/07/11/patent-searching-101-a-patent-search-tutorial 2/id=59308/  (Tutorial)

· A second important means for accessing information about international patents is the search tool of the World Intellectual Property Office (WIPO). http://patentscope.wipo.int/search/en/

· Short video tutorials for using the WIPO patent search tool may be accessed using this link. https://patentscope.wipo.int/search/en/tutorial.jsf  (Tutorial)

· Finally, another interesting way to access patents if you know who the inventor is, http://patentgenius.com. You can search by inventor, assignee/owner and category.

· https://www.ic.gc.ca/eic/site/lsg-pdsv.nsf/eng/hn01763.html