A patent is a legal document that grants inventors exclusive rights to use the new technology they developed for a fixed time period. I was just granted a patent for the new computer chip I developed, so no one can use it without my permission over the next ten years.
- Apple vs. Samsung: The Clash of the SmartphonesThis month in San Jose, Calif., the two biggest smartphone companies in the world, Apple and Samsung Electronics, entered into a head-to-head intellectual property rights lawsuit. KWHS examines corporate litigation and costly patent wars.
- Inside Innovation: Tackling the World's Most Pressing ProblemsIn a KWHS article on innovation, Jamie Lee Solimano, a finalist in the 2013 Intel Science Talent Search for high school students, defined innovation like this: “To shift society or have an impact, you have to introduce something novel.” While invention is indeed one aspect of innovation, it is also so much more. In this first part of a four-part audio podcast for educators on innovation and the art of problem-solving, Saikat Chaudhuri, executive director of the Mack Institute of Innovation Management at the Wharton School; and Rob Shelton, global innovation strategy lead at PwC, discuss innovation basics and how it is related to critical thinking and problem-solving.
- The Value of Intellectual PropertyIn the world of intellectual property, people and businesses have the right to protect what they create. A newly published report says the U.S. Patent and Trademark Office granted 300,678 new patents in 2014, an 8% rise over the previous year. Meanwhile, a patent-infringement case just launched by Jawbone against Fitbit promises to escalate. Yes, our ideas have value -- but how far should we go to defend them?
- Why You Have Time to Become a Successful Entrepreneur