The USPTO, NIHFF & Ad Council are inspiring invention

Press Release, 08-41.

This is so cool. A contest for inventive kids. Open to elementary, middle and high school kids, the “inspiring innovation” campaign, launched in 2007, is working at making invention and idea development a part of the everyday lives of American kids (and more power to them); the idea is to motivate kids to pursue careers in invention and innovation.

Keep it coming, folks! American kids need this and programs like it. The US is beginning to struggle to stay at the top of the pile (oh…you hadn’t noticed that?) in part because the kids turn their noses up at math and science. Well, math and science aren’t so dull, boys and girls, when math and science let you do cool things like play video games, turn on a light, and watch cable TV.

I really hope that the teachers can be encouraged to get their kids participating in programs like this one; here in the wilds of upstate New York, schoolkids are invited to participate in the Invention Convention. Yes, we get a goodly few, but there are a lot of kids who don’t participate but could with their teachers’ help…

Abbreviations:

USPTO = US Patent & Trademark Office

NIHFF = National Inventors’ Hall of Fame Foundation

IP Audit a Necessity for Due Diligence

What IS an IP audit, anyway?

An IP audit is a systematic categorization of all of your business’s intellectual property, including but not limited to:

  • Inventions (patented and unpatented)
  • Copyrights (registered and unregistered)
  • Trademarks (registered and unregistered)
  • Trade Dress (registered and unregistered)
  • Trade Secrets (obviously unregistered)

This categorization, with a simultaneous search for areas where your IP may have “holes,” is done by an intellectual property attorney in cooperation with your firm’s management team; despite the word “audit,” this is NOT an accounting function (although certainly an accountant belongs on your firm’s management team and probably on the IP audit team).

Use an IP audit as due diligence when you plan to merge, divest, buy, sell, create, license, franchise your property. Also use an IP audit when there has been a shift in the law that governs IP.

For more information about IP audits, read Nancy’s article, published in the December 2003 issue of Les Nouvelles (the flagship publication of the Licensing Executives’ Society), The Intellectual Property Audit (.pdf format) or visit our IP Audit webpage.