Notes by Justin Huff

---------------------------

Patents: IDEA

Either utility or design

Needs novelty( non-obvious/utility)

Why:

Use for help valuation

Cross license

Grants exclusive rights

Utility: 20 years(extendable)

Design: 15 years (not extendable)

Use broad language

Need to file in multiple jurisdictions

Time/Cost:

4-6 weeks=fast $$$

90 days normal

$10k-15k in cost

---------------------------

Copyrights: EXPRESSION

Happens when the work is completed, not need to file

Needs originality/creativity

Employment contracts should have any work belong to the company

Rights vary by state

---------------------------

Trade Secrets:

No filing process

Economic value

such as:

marketing plan

cust. list

price lists

**make sure they are marked as such**

---------------------------

Trade Marks:

No filing needed

Only need to file is you want to use the circle R

Otherwise 'tm' is OK

---------------------------

UW Tech Transfer

OTT is on your side. Work with them!

3 cases:

UW tech involved

No UW tech

Licensed tech

Student owns the copyright in most cases

UW must assert patent rights is gvt funding was involved

Otherwise you own it

Need to obtain a formal letter from OTT stating they have no interest in

the tech

May also opt to have OTT manage the tech. This is A Good Thing for

everybody.