Printer OEMs keep their inventions a trade secret

Transcript

in this bulletin printer oem's advised they may want to keep their inventions a trade secret rather than filing a patent to protect them hello i'm david gibbons and here is the news one patent attorney has come out saying companies who make printers may want to keep their technology inventions a trade secret rather than filing a patent for them sometimes uh technology is best kept as a trade secret because you don't want to ever give it away it's so good bill cass talked with inventors manufacturers and industry leaders in shanghai well in order to get a patent in most places in the world you have to teach someone of skill how to do the invention so you actually publish your invention to the world and if you have the kind of invention that's hard to figure out you might not want to publish it to the world because then the only protection you have is trying to enforce your patent case himself is a mechanical engineer as well as a lawyer practicing an intellectual property and has advised the white house on matters pertaining to 3d printing cass says an ip agreement is very quick to organize and should be considered instead of filing patents that is a very expedient form of protection because you can get a contract in place a non-disclosure agreement in place a joint development agreement so if you're doing work you know with another company you know who's going to own what those are the kinds of things that you can develop and put in place with an attorney or sometimes off the internet with a form very very quickly where a patent or formal protection can take years to put a place patents especially take years to put into place cash says it can take seven to ten years nationally and internationally to register a patent and for more breaking legal updates visit irecyclingtimes.com see you tomorrow with more breaking news i'm david gibbons you