1 / 11

THE POWER OF PATENTS

THE POWER OF PATENTS. Ten Patents That Changed The World. U.S. Patent System. U.S. Constitution Article I, Section 8 “... promote the Progress of Science and useful Arts, by securing for Limited Times to Authors and Inventors the Exclusive Right to their Respective Writings and Discoveries.”

travis
Download Presentation

THE POWER OF PATENTS

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. THE POWER OF PATENTS Ten Patents That Changed The World

  2. U.S. Patent System • U.S. Constitution Article I, Section 8 • “... promote the Progress of Science and useful Arts, by securing for Limited Times to Authors and Inventors the Exclusive Right to their Respective Writings and Discoveries.” • Inception in 1790 (1st Patent - July 31) • Provides Incentive For Creativity • Promotes Advancement Of Commerce & Industry • 1985 Court Case • Infringement Of Instant Camera Rights • Eastman Kodak Co. & Polaroid Co. • 1990 - Kodak Assessed $900 Million Penalty

  3. U.S. Patent System • Storied Old Days • Invented Something In Attic Or Basement • Got A Patent On It, Began Building It & Selling It • Made A Pile Of Money, All Pretty Much Alone • Modern Days • Saleried Lab Worker • Anonimity Of A Large Corporation • Few People Make It Big Today • Steve Wozniak(Apple) • Edwin Land (Polariod) • William Hewlett & David Packard

  4. U.S. Patent System • Forefathers • Not Committed To Individual Rights • Dead Set Against Monopolies • Patent • Gives Inventors Monopoly For A Period Of Years • 17 Years • Required Inventors To Disclose The Workings Of their Inventions Publicly For The Well-Being Of Society • Patent Holders Could Market Product, Lease Patent Rights, Sell Patent Rights, Or Sit On It

  5. U.S. Patent System • Industrial Revolution Of 19th Century • Proliferation Of Complex Technologies • Growth Of Powerful Corporations • Controlled New Technologies • Famous Inventors • Cyrus McCormick (Reaper) • Samuel F.B. Morse (Telegraph) • Charles Goodyear (Vulcanized Rubber) • Thomas Alva Edison (1093 Patents) • Henry Bessemer (Steel Process) - 1856 • George Westinghouse, Jr. (Air Brakes) - 1869 • Walter Hunt (Safety Pin) • Alvin Fellows (Tape Measure)

  6. Cotton Gin Sewing Machine Barbed Wire Telephone Light Bulb Machine Gun Automobile Aeroplane Xerography Transistor Ten Patents That Changed The World

  7. Cotton Gin • Eli Whitney • Patent - 1794 • Took Seeds Out Of Cotton • Made Cotton King • Made Slavery Profitable • Led To Civil War

  8. Sewing Machine • Elias Howe & Isaac Singer • Patent - 1846 • No. 4,750 • Industrialized Clothes Making • Built Garment Industry • Created First Patent Pool • First Millionaire Inventors

  9. Barbed Wire • Joseph Glidden • Patent - 1874 • No. 157,124 • Wood Fences Impractical For The Big Treeless Plains • Ranchers Could Divide Up Range • 173,00 Tons A Year Sold

  10. Telephone • Alexander Graham Bell • Patent - 1876 • No. 174,465 • J.P. Morgan - Non-profitable Invention • Created AT&T • World’s Largest Company • Controlled All Telecommunications • Federal Antitrust Suit - 1984

  11. Light Bulb • Thomas Alva Edison • Patent - 1880 • No. 223,898 • Symbolized Inspiration & Invention • Became Important When Power Distribution Network Was Established

More Related