Technopreneurship and Intellectual Property Rights

       Technopreneurship Ecosystem

                This blog discuss about Technopreneurship and different Intellectual Property Rights that given to a person’s invention, artistic works, writing, logos, tags, and many more. This blog also help you to learn how to be an effective and successful Technopreneur.

         

              The Technopreneur Ecosystem Structure:

This ecosystem structure includes different components, these components as follows:

The Human Resource Components:

1.    Researcher = thinker, idea generator and innovator

2.    Developer = implementator and technical people

3.    Scanner and Marketing people, and

4.    Financer

Environment Components:

1.    Science Parks, Incubation Centers

2.    Academic Institutions, R & D Centers

3.    Internet Access, Communication and other support services, and

4.    Geographic Accessibility

Laws and Policies Components:

1.    Intellectual Property Rights

2.    Technology Licensing Office, and

3.    Legal Services

Financial Resources Components:

1.    Investor

2.    Business Sector

3.    Funding Agencies, and

4.    Financial Servicies

We had also learned the Three Vital Components for business: These are Excellent Market Opportunity, Superb Entrepreneur, and Resources needed to start the business and make it grow.

     Excellent Market opportunity means you should know who are your customers and the right timing and correct planning in opening a business.

     Superb Entrepreneur means that one should have experience in the same industry or similar one or cannot go on OJT at the same time. Also, and Ideal Entrepreneur is one who has been successful entrepreneur in the same industry and have management experience, preferably with responsibility  for budgets, profit and loss, sales.

     Resources means that the entrepreneur should be frugal it means that low overhead, high productivity, and minimal ownership of capital assets.

We had also discussed about SEED Money sometimes known as SEED Funding. It is a form of securities offering in which an investor purchases part of a business. The term seed suggest that this is an early investment, meant to support the business until it can generate cash of its own, or until it is ready for further investments.

The 9 F’s:

1.    Founders – first class entrepreneur

2.    Focused – focus on niche markets, specialize

3.    Fast – decision making, implementation

4.    Flexible – open mind, respond to change

5.    Forever – innovator

6.    Flat – organizations

7.    Frugal – low overhead, productivity high

8.    Friendly – to their customers, suppliers, workers

9.    Fun – to be associated with an entrepreneur  company

On our discussion our instructor also discuss some of the foreign and local Technopreneur that has been successful.

Foreign  Technopreneur

Bill Gates (Microsoft)

Steve Jobs (Apple)

Sergy Brin (Google)

Larry Page (Google)

Michael Dell (Dell Corporation)

Filipino Technopreneur

Dado Banatao ( ICT Hero)

Winston Damarillo ( Developed Gluecode)

Intellectual Property (IP) is refers to the creations of the mind such as inventions, literary  and artistic works, and symbols, names, images, and designs used in commerce. Also IP is a legal concept which refers to creations of the mind for which exclusive rights are recognized.  Under intellectual property law, owners are granted certain exclusive rights to a variety of intangible assets, such as musical, literary, and artistic works; discoveries and inventions; and words, phrases, symbols, and designs. Common types of intellectual property rights include copyright, trademarks, patents, industrial design rights, trade dress, and in some jurisdictions trade secrets.

Intellectual Property is divided into categories:

1. Patent

2. Trademark

3. Copyright

Intellectual Property Rights (IPR) are the rights given to persons over the creations of their minds. They usually give the creator an exclusive right over the use of his/her creation for a certain period of time.

Patent is an exclusive right granted for an invention, which is a product or a process that provides, in general, a new way of doing something, or offers a new technical solution to a problem.  In order to be patentable, the invention must fulfill certain conditions. A patent has a term of protection of twenty years providing an inventor significant commercial gain. In return, the patent owner must share the full description of the invention. This information is made available to the public in the form of the Intellectual Property Official Gazette nad can be utilized as basis for future research and will in turn promote innovation and development.

Official Gazette is the public journal and main publication of the government of the Republic of the Philippines.

Invention is a solution to a specific technological problem, which may be a product or a process.

Inventive Step is an invention involves an inventive step, if having regard to prior art, it is not obvious to a person skilled in the art.

Trademark is a toll used that differentiates goods and services from each other. A trademark can be one word, a group of words, sign, symbol, logo, or a combination of any of these. Trademark is a very effective tool that makes the public remember the quality of goods and services. Once a trademark becomes known, the public will keep patronizing the products and services.

Copyright is the right that creators have to stop others from copying their creative works without their permission. Also, Copyright is a legal concept, enacted by most governments, giving the creator of an original work exclusive rights to it, usually for a limited time. Generally, it is "the right to copy", but also gives the copyright holder the right to be credited for the work, to determine who may adapt the work to other forms, who may perform the work, who may financially benefit from it, and other related rights. It is a form of intellectual property (like the patent, the trademark, and the trade secret) applicable to any expressible form of an idea or information that is substantive and discrete.

How does it work?

Copyright protects the work of creators, such as artists, writers, musicians, and filmmakers.

Works are protected as soon as they are created, as long as they have been written down, filmed or recorded.

Copyright is automatic. You don’t have to put a copyright notice on works, but it is a good idea.

You will often see works with the copyright symbol (©) and the copyright owner’s name on them.

Copyright ownership is different to physical ownership of something. For example, if you buy a DVD of a film, you own the DVD, but you don’t own the right to copy it. The film producer owns copyright in it and you need to have their permission if you want to copy it.

Why is copyright important?

Copyright is important because it gives creators control over their creative works. This means they can decide who uses their work, how it can be used and if they will charge a fee to other people who want to use it. This gives creators the ability to earn a living from their works.

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