Select an industry of personal interest for this assignment, allowing you to delve into the landscape and identify potential opportunities for intellectual property (IP) creation. Utilize the provided links for research, and in case of difficulty, do not hesitate to seek assistance from the instructor. (submit PDF format)
Deliverable:
Existing Patents Overview (1-2 paragraphs for each patent):
Identify and provide a brief but detailed overview of 5 existing patents within your chosen industry. Consider aspects such as inventors, commonalities among inventors, types of patents (design or utility), and the nature of the inventions (mechanical products or processes). Uncover trends and patterns to discern the most prevalent types of patents in your industry. Pictures and Source Citation
Trademarks and Copyrights Analysis:
Present 5 existing trademarks and copyrights from different companies in your industry. Include images and cite sources. Explore common trends in IP application within the industry. Identify top brands holding iconic trademarks/copyrights and observe how these are utilized in the marketplace. Determine if any unused IP is held by these companies.
Observations on Existing IP (2-3 paragraphs):
Conduct detailed observations on existing IP in your industry. Identify trends, patterns, and strategies employed. Investigate any infringement suits and analyze their causes. Recognize major inventors dominating the space and pinpoint opportunities or gaps you perceive in the industry’s IP landscape.
Potential IP for Your Company (2 paragraphs min):
Reflect on the IP potential within your company, products, or services. Envision the unique opportunities and gaps that can be filled with the creation of intellectual property. Consider how your company can strategically utilize IP to distinguish itself within the industry.
Additional Guidance:
Comprehensive Research: Ensure a thorough examination of both patents and trademarks/copyrights within your industry. Leverage the provided links and seek assistance if faced with difficulties.
Visual Presentation: Include images of trademarks and copyrights, citing the sources. Visual elements enhance the clarity and impact of your analysis.
Critical Analysis: Dive deep into your observations, aiming to critically analyze the existing IP landscape in your chosen industry. Identify nuances, challenges, and innovative strategies that stand out.
By thoroughly addressing each component of the deliverable, you will gain a nuanced understanding of the intellectual property landscape in your industry, paving the way for informed decision-making and potential future endeavors.
