Fundamentals of Intellectual Property
About this course:
This course provides essential knowledge in Intellectual Property (IP) for science and engineering students who are driven to succeed in inventions or are interested in IP strategies or patent related professions. The course covers the basic and practical aspects of intellectual property with an emphasis on innovation and entrepreneurship, patent creation process, patent classification, prior art searches, and patent portfolio strategic management. NOTE: This class includes a 1-day trip to the USPTO office in Washington, DC.
- Basics of intellectual property
- Patent Drafting
- IP strategies (from a standpoint of corporations and universities)
- IP markets
- Start-ups and IP strategies
- Negotiations involving IP in contracts
- IP due diligence and technology transfer
- Licensing and commercialization
- Valuation and Metrics based quality assessment of IP
Module 1: Introduction to Intellectual Property/Patents 101
Module 2: Patent Drafting
Module 3: IP Value Creation
Module 4: Licensing Contracts & Negotiation
Module 5: Large Pharma IP Strategy
Module 6: Tech Transfer & Valuation
Module 7: IP in Startups/University Spinoffs
Module 8: IP Litigation
Module 9: IP Licensing Strategies
Module 10: IP Management
Module 11: IP & Licensing Strategies Outside of Life Sciences
Module 12-13: USPTO Trip
Module 14-15: Final Project Presentations
Group projects and final presentations based on IP portfolio evaluation, selection of IP assets, commercialization strategy, and marketing plan.
Majority of class lectures are presented by scientists, executives and patent attorneys from different industries who are experts in the IP field. Students in the summer class visited the U.S patent Office Headquarters in Alexandria, Virginia where they participated in seminars covering patents, trademarks, branding, copyrights, and trade secrets. Students also enjoyed presentations on how regulatory standards are developed, and on counterfeit and IP piracy from a global perspective. Guest lectures and the required field trip give students a real-world perspective in addition to the group projects. Distinguished guest lecturers have included in the past: Dr. Connie Wan (Intellectual Ventures), Greg Plichta (Intellectual Ventures), Victor Schubert (Intellectual Ventures), Dr. Ganesh Skandan (NEI), Bob White (TYRX), Dr. Satish Pulapura (TYRX) Dr. Alan Naidoff (Merck), Lata Setty (UnitedLex), Jonathan Barney (Patent Ratings), James Malackowski (Ocean Tomo), Dr. Sudeep Basu (Frost & Sullivan), Dr. Neil Mathias (Bristol Myers Squibb), Peter Butch (Fox Rothschild), Evi Cohen (Appian Corporation), Harry Gwinnell (Greenblum & Bernstein), Jim Posillico (Polymer Therapeutics), Tony Volpe (Volpe & Koenig), Ryan O'Donnell (Volpe & Koenig), David Shoneman (Technicolor). See here for the 2016 blog about the USPTO trip. See here for the 2017 blog about the USPTO trip.
Want to know what this course is about? Hear from the instructor in this Amazon Invention Tour talk....
Additional Course Highlights: PSM students visit the U.S. Patent and Trademark Office in Alexandria, VA on for a program on current topics and case studies in the field of intellectual property.