One of these lies in just how the world manages the creation and ownership of inventions and ideas. A protectionist strategy to How To Obtain A Patent is designed to protect and prolong the lifecycle of existing technologies, and allow innovators to capture the earnings from their creations. In a paper published with colleagues from universities in Germany and India, we examined how this also makes it harder for new and much more sustainable technologies to be developed and adopted. That explains why now there are other approaches used to move key sectors to more sustainable systems and end this status quo.
Electric car manufacturer Tesla, has become doing just that. Tesla CEO Elon Musk “shocked” the entire world in 2014 as he announced that his company was joining the open source movement and giving out its patents for free. You should comprehend the rationale here. Why would a company that had worked so hard to produce and protect its technology from its global car manufacturer competitors suddenly give its technology away free of charge?
Tesla initially created a patent portfolio to protect its technology. However, Tesla’s concern that it might be overwhelmed once established car makers ramped up their creation of electric cars never got to pass. Instead, it saw the electrical car market stagnate at lower than 1% of total vehicle sales. So Tesla changed its strategy from seeking to prevent others from building electric cars to seeking to encourage them to the market.
Portion of the reasoning here is that if more electric cars are designed, then more battery recharging stations will be built too. This might make electric cars become a little more visible, along with a more conventional choice. Tesla believes that the open Patent Help Companies can strengthen instead of diminish its position by building the dimensions of the electric car market, and for that reason, build their own share of the total automotive market.
This kind of careful control over intellectual property at company level, backed up by policy-level awareness, can be a powerful method to keep the same forms of transitions to more sustainable technologies in other industries too.
Energy supply faces a multitude of difficulties: the depletion of natural resources; air pollution and greenhouse gas emissions; nuclear risks; and security of supply. The water supply sector is restricted by water scarcity, pollutants, extreme environmental events such as flooding and expenses related to supplying water to communities in poor countries and remote communities. The agri-food sector, meanwhile, is under pressure to sustainably produce more food as well as address malnutrition in poor countries.
For these industries to navigate a path around these issues, new knowledge as well as the innovations that follow will likely be essential. As well as in knowledge economies, intellectual property can either be an enabler or even an inhibitor.
When the ownership of intellectual property is fragmented inside an industry, it can slow down technology innovation and uptake, including in the electronics industry where multiple players own complementary patents. However, firms can instead open up their innovation processes and move away from jealously guarded, internal cultures, where intellectual property can be used to protect and prolong lifecycles. This change may see knowledge sharing that leads to accelerated innovation cycles along with a more rapid uptake of sustainable alternatives within a sector: just what Tesla was dreaming about in electric vehicles.
This approach to How To Get An Idea Made Into A Prototype With Inventhelp, so-called “open IP”, is well advanced and mature in the software industry and healthcare. It has given use of life-saving medicines to huge numbers of people, specifically in developing countries through patent pools, such as the Medicine Patent Pool. This kind of project depends on multinational pharmaceutical companies sharing their jjnywy property, but small companies can also play a strategic roles in creating these new, more sustainable systems, and it’s not every about open IP.